💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Why did the RMB suddenly surge? How will the market perform in the future?
Golden Ten Data reported on August 2 that today (August 2), the RMB ushered in a big rise against the US dollar, rising above the 7.24, 7.23, 7.22, 7.21, and 7.20 marks one after another. The latest data showed that the United States labor market is cooling and the economy is contracting, causing the dollar index to move lower. Asian currencies strengthened as the dollar weakened, with the yen rising nearly 0.5% against the dollar at one point and the yuan more strongly against the dollar. Regarding the follow-up trend of the RMB Exchange Rate, Zhong Zhengsheng, chief economist of Ping An Securities, believes that the "non-rise" of the RMB Exchange Rate in the past month is also due to the previous "non-fall", which means that the space for "making up for the rise" is not wide. Judging from the trajectory of the US dollar and RMB since the "811" exchange rate reform in 2015, the RMB Exchange Rate level after this appreciation is basically in a reasonable range.