Xinhua News Agency, May 31, according to Wind data, after the onshore RMB exchange rate "broke 7" against the US dollar on May 17, it depreciated by 1.15% from May 18 to 29, while the dollar index appreciated by 1.37% over the same period. During this period, the exchange rates of euro, yen, pound and other major non-US currencies against the US dollar fell by about 1.22%, 2.01% and 1.10%, respectively. "in addition, the exchange rate index of the three big baskets of RMB, such as CFETS, remained basically stable over the same period, which also means that the RMB has not depreciated rapidly against the US dollar alone in the near future." Feng Lin, senior analyst of Dongfang Jincheng Research and Development Department, said. Looking forward to the follow-up trend of RMB exchange rate, interviewees generally believe that there is no room for RMB depreciation. "with the continuation of the domestic economic repair process in the second half of the year, and taking into account other influencing factors, the RMB exchange rate against the US dollar is likely to appreciate slightly by about 2.0% year-on-year at the end of the year, that is, from 6.95 at the end of last year to about 6.8." Feng Lin expects.