【Analyst: The depreciation of the RMB against the USD is a form of 'passive depreciation'】Jin Shi Data, December 3rd - Gu Jianan, assistant general manager of Haitong Futures Research Institute, analyzed that the RMB has depreciated against the USD, but the three major RMB exchange rate indices have shown continuous increases and maintained a relatively stable state. This indicates that the depreciation of the RMB against the USD is a form of 'passive depreciation', primarily due to the strengthening of the USD; compared to other non-USD currencies, the RMB is appreciating. Gu Jianan believes that exchange rates are essentially price comparisons and should be analyzed in conjunction with the situations of the two economies. Recent domestic policies have boosted the medium-term expectations for the RMB, but due to the overpowering strength of the USD, the RMB continues to depreciate against the USD. (Xinhua Finance) (Transferred from: Jin Shi Data)