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The midpoint of the RMB to USD exchange rate is 6.9056, down by 145 basis points.
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March 26, the RMB to USD central parity rate is 6.9056, down 145 points.
The probability that the Federal Reserve will keep interest rates unchanged in April is 94.8%
According to CME “FedWatch”: The probability of a 25 basis point rate hike in April is 5.2%, and the probability of holding rates steady is 94.8%. The chance of a total 25 basis point increase by June is 11.7%, a 50 basis point increase is 0.4%, and the probability of no change remains at 87.9%.
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