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The People's Bank of China authorized the China Foreign Exchange Trade System to announce that the central parity rate of RMB exchange rate in the interbank foreign exchange market on May 26, 2021 is: 1 US dollar to RMB 6.4099, an increase of 184 basis points over the previous trading day, approaching the era of RMB6.3.In addition, the onshore RMB and offshore RMB to the US dollar exchange rate is also a step away from the era of RMB6.3, the offshore RMB to the US dollar exchange rate once rose above RMB6.4 mark.(Source: Chinanews.com)

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Post time: Jun-01-2021