RMB Rises Sharply After Spring Festival To 6.83, Supporting Stable Textile Trade
Feb 28, 2026
After the Spring Festival holiday, the RMB against the US dollar has strengthened significantly, reaching a three‑year high near 6.83.
This stable trend has drawn wide attention from global importers and textile buyers.
RMB Strengthens on Improved Trade Environment
The stronger RMB reflects a more stable external trade environment and a weaker US dollar index.
Improved international trade relations and steady economic fundamentals have supported the upward trend, bringing greater visibility to global supply chains.
Positive Impact on Textile & Apparel Imports
For overseas buyers importing from China, this trend brings several key effects:
- More stable production costs
A stronger RMB helps stabilize the cost of imported raw materials such as cotton and chemical fibers, supporting reliable production capacity in China's textile industry.
- Improved supply chain stability
Steady currency movements help reduce uncertainty for order planning, pricing and delivery schedules.
- Growing use of RMB in cross‑border trade
More Chinese textile exporters are using RMB for settlement, helping to reduce reliance on the US dollar and further stabilize transaction conditions.
Market Outlook
The RMB is expected to remain relatively strong in the short term, supported by stable trade fundamentals.
For global importers, this trend supports a predictable, stable and sustainable sourcing environment from China.
We will continue to monitor market developments and maintain stable, professional services to support our partners' global business.
