The midpoint of the RMB to USD exchange rate is 6.9438, up 20 basis points from the previous day.
Note: The RMB midpoint rate is provided by the China Foreign Exchange Trading Center before the daily interbank foreign exchange market opens, based on inquiries to all market makers. All quotes from market makers are used as samples to calculate the midpoint rate for RMB against the USD. The highest and lowest quotes are removed, and the remaining quotes are weighted and averaged. The RMB exchange rate midpoint is the most important reference indicator for the spot interbank foreign exchange market and bank-listed rates.
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The midpoint rate of RMB to USD is 6.9438, up 20 points from the previous day.
The midpoint of the RMB to USD exchange rate is 6.9438, up 20 basis points from the previous day.
Note: The RMB midpoint rate is provided by the China Foreign Exchange Trading Center before the daily interbank foreign exchange market opens, based on inquiries to all market makers. All quotes from market makers are used as samples to calculate the midpoint rate for RMB against the USD. The highest and lowest quotes are removed, and the remaining quotes are weighted and averaged. The RMB exchange rate midpoint is the most important reference indicator for the spot interbank foreign exchange market and bank-listed rates.