The RMB exchange rate has remained stable with a slight increase and maintains strong resilience.

On November 12th, the exchange rate of the Renminbi against the US dollar continued to rebound. Experts believe that due to the overall weak US dollar environment, strong performance of the domestic equity market attracting foreign capital inflows, the Renminbi against the US dollar exchange rate is stable with a slight increase, and overall maintains strong resilience. Looking ahead, in the short term, the Renminbi against the US dollar exchange rate will continue to be in a strong trend, and is expected to maintain a moderate appreciation in 2026.