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

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

