Lian Ping: The RMB exchange rate is expected to fluctuate bidirectionally in the range of 7.0-7.5 in 2025, and the reserve requirement ratio is expected to be lowered by 1 percentage point throughout the year.

GoldenOctober2024

2025-01-13 07:14:23

On January 13, Jinshi Data reported that Lian Ping, Chief Economist of Guangkai Chief Industry Research Institute, pointed out that in 2025, a moderately loose monetary policy will nourish the financial market, and the deposit reserve ratio is expected to be lowered by about 1 percentage point for the whole year; it is expected that the policy interest rate will be lowered by 0.4-0.5 percentage points, further promoting a 0.3-0.6 percentage point reduction in the LPR. As for the Exchange Rate, Lian Ping predicts that in 2025, the probability of bilateral fluctuation of the US dollar to RMB Exchange Rate midpoint within the range of 7.0-7.5 is relatively high.

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