A GX USD MM

I.CENTURY HLDG

RIVERINE CHINA

KOS TALENT GP

CHINA CBS INTL

NATURE ENERGY T

DIGIT HOLLYWOOD

REDCO HEALTHY

ZXZN QI-HOUSE

ASIA PIONEER

HUISHENG INTL

03137

XBJF

83192

03161

03420

03192

USDU

83161

03480

The appreciation of the RMB puts pressure on dollar-denominated financial products, causing investors to face foreign exchange losses. In April 2026, the RMB/USD exchange rate broke through 6.82, leading to many investors' interest earnings being swallowed by exchange losses, and even principal losses. The Federal Reserve's interest rate cuts have triggered a decline in dollar interest rates, with current dollar fixed deposit rates dropping to 2.5%-2.8%. Analysts point out that the strengthening of the RMB benefits from the easing of the situation in the Middle East and the recovery of the domestic economy, and it is expected that the RMB will fluctuate around 6.9-7.0. The losses in dollar-denominated financial products are mainly due to exchange rate fluctuations exceeding interest spread earnings

腾讯新闻 - 财经

WisdomTree, Inc.

A BOS RMB MM-R

Invesco Db Dlr Idx Bearish ETF

A CAM RMB MM

A TK USD MM-U

A VP USD MM-U

A VP RMB MM

A TK USD MM

A BOS RMB MM

Wtree Bbg Usd Bull

A CAM RMB MM-R

Invesco DB US Dollar Index Bullish Fund

A VP USD MM

After the appreciation of the RMB, can we still invest in USD financial products?

03196

09196

According to data from the International Monetary Fund (IMF), the total amount of foreign exchange assets held by global central banks is expected to grow by 6.5% in 2025, reaching a historic high of USD 13.1 trillion, while the proportion of the US dollar in foreign exchange reserves has dropped to 56.77%, a record low. Analysts believe that the policies of the US government have contributed to the erosion of the dollar's credibility, prompting countries to accelerate "de-dollarization." Although the dollar's status as a reserve currency is declining, it still maintains a dominant position in global trade payments and financing. In 2025, the dollar's share of global payments is expected to reach 50.49%, indicating that "de-dollarization" is not a simple process

- The International Monetary Fund (IMF) reported a 6.5% rise in central bank foreign exchange assets to $13.1 trillion in 2025, yet the dollar's share fell to a historic low of 56.77%.  
- The decline in the dollar's dominance is attributed to U.S. policies, including trade tariffs, leading to a loss of trust and prompting countries to reconsider reliance on the dollar, reflected by a significant reduction in dollar-denominated reserves.  
- Simultaneously, gold purchases by central banks surged, making gold the second-largest reserve asset globally, indicating a gradual shift towards a more diversified international monetary system.

A BOS USD MM

A BOS USD MM-U

The international monetary system is evolving towards balanced diversification

XBJE

The central parity rate of RMB against the US dollar was reported at 6.8649, an increase of 31 basis points. The central parity rate of the previous trading day was 6.8680. The onshore RMB closing price at 16:30 was 6.8274, and the overnight trading closed at 6.8360

Wallstreetcn

Onshore yuan to US dollar (CNY) closed at 6.8609 yuan in Beijing time at 03:00, up 250 points from the close of the previous trading day's night session. Trading volume was 42.570 billion US dollars

The People's Bank of China (PBOC) is expected to set the USD/CNY reference rate at 6.8313, a key indicator in Asian forex markets. ING has turned bullish on the yuan, lowering its forecast to 6.70–7.05, anticipating a strengthening to 6.8 due to China's resilience. The PBOC operates a managed floating exchange rate system, allowing the yuan to trade within a 2% band around a daily midpoint, influenced by various economic factors. The fixing serves as a policy signal, reflecting the PBOC's stance on currency stability amid global volatility.

Investinglive

PBOC is expected to set the USD/CNY reference rate at 6.8313 – Reuters estimate

03053

83053

09096

03096

The Hong Kong dollar exchange rate was relatively strong this morning (30th), with a high and low of 7.8302/7.8336, and the current spot price is 7.8322. The bank system surplus is expected to be HKD 53.856 billion this Wednesday (1st)

AASTOCKS

A CSOP HKD MM

A CSOP HKD MM-R

A CSOP USD MM-U

A CSOP USD MM

"Capital" spot US dollar new report 7.8322

The Hong Kong dollar exchange rate was relatively strong this morning (3rd), with a high and low of 7.8167/7.8221, and the current spot price is reported at 7.8182. The bank system surplus is expected to be HKD 53.837 billion this Thursday (5th)

A BOS HKD MM

A CICC HKD

"Capital" spot US dollar new report 7.8182

09824

GDXW

The U.S. and Israel's airstrikes on Iran have entered the fourth day, prompting investors to turn to the dollar for safety, leading to a significant drop in gold prices. Spot gold fell 5.1% to $5,048 per ounce, while April futures gold dropped 5.2% to $5,034 per ounce. The rise in U.S. Treasury yields has put pressure on precious metal prices, with May futures for silver, copper, platinum, and palladium all experiencing significant declines

EFUND GOLD MI-U

Roundhill Gold Miners Weeklypay ETF

Sprott GLD Miners Etf

iShares Silver Tr

Gold.com

Abrdn Silver ETF Trust

Agnico Eagle Mines

Invesco Db Precious Metals ETF

Direxion Daily Gold Miners Bear 2X

ChinaAMC Gold ETF

Abrdn Gold ETF Trust

Kinross Gold

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Global X Silver Miner

EFUND GOLD MI-R

Abrdn Platinum ETF Trust

Us Gbl GLD & Met

iShares Gold Trust

EFUND GOLD MI ETF

SD-GOLD

Sprott JR Gold Miners ETF

On the fourth day of the US-Iran war, investors shifted to the dollar and abandoned gold, causing gold prices to drop 5% intraday

The dollar edged lower, dented by tariff uncertainty and concerns about the Federal Reserve’s independence.

Dollar falls amid tariff uncertainty, Fed independence concerns

A GX USD MM(03137.HK)