摘要
Since March 24,2023,the renminbi(RMB)has depreciated against the US dollar,recording a drop of 5.74% by June 30.Simultaneously,the volatility in the US dollar's strong momentum was marked by two periods of decline from March 24 to April 26 and from May 31 to June 21,both of which coincided with the RMB's depreciation.Typically,there is a strong negative correlation between the exchange rate of the RMB against the US dollar and the US dollar index.
