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The midpoint of the RMB to USD exchange rate is 6.8854, up 75 basis points from the previous day.
The RMB central parity rate against the U.S. dollar was set at 6.8854, up 75 pips from the previous day. Note: The RMB central parity rate is quoted by the China Foreign Exchange Trade System to all interbank foreign exchange market makers before the opening of the daily interbank foreign exchange market. It uses all market maker quotes as the calculation samples for the RMB-to-U.S. dollar central parity rate. After removing the highest and lowest quotes, the remaining market maker quotes are weighted averaged. The RMB central parity rate is the most important reference indicator for the spot interbank foreign exchange trading market and bank quoted exchange rates.