The midpoint of the RMB to USD exchange rate is 6.9223, down by 82 points.

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On March 30, the RMB to USD midpoint rate was set at 6.9223, down by 82 pips.

The probability that the Federal Reserve will keep interest rates unchanged in April is 97.9%

According to CME’s “FedWatch”: the probability that the Federal Reserve will raise rates by 25 basis points in April is 2.1%, and the probability that it will keep rates unchanged is 97.9%. The probability that the Federal Reserve will cumulatively raise rates by 25 basis points by June is 8.8%, the probability of a cumulative 50 basis point increase is 0.1%, and the probability of keeping rates unchanged is 91.1%.

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