How will the USDT/CNY exchange rate trend throughout 2026?
On December 25, 2025, the offshore RMB to USD exchange rate officially broke through the 7.0 mark, reaching a new high since late September 2024.
Federal Reserve interest rate cuts: The market generally expects the Federal Reserve to continue cutting rates in 2026, which will lead to a structural weakening of the US dollar index and thus push down the USDT to RMB price.
US-China interest rate differential narrowing: As the US interest rate cut path is steeper than China's, the US-China interest rate differential is expected to further
On December 25, 2025, the offshore RMB to USD exchange rate officially broke through the 7.0 mark, reaching a new high since late September 2024.
Federal Reserve interest rate cuts: The market generally expects the Federal Reserve to continue cutting rates in 2026, which will lead to a structural weakening of the US dollar index and thus push down the USDT to RMB price.
US-China interest rate differential narrowing: As the US interest rate cut path is steeper than China's, the US-China interest rate differential is expected to further
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