Renminbi

The central parity of the RMB was suspended for 11 consecutive losses. According to the data of the China Foreign Exchange Trading Center, the central parity of the RMB against the US dollar was reported at 6.8994 today, a slight increase of 1 point from the previous trading day, ending 11 consecutive trading days.

In terms of offshore renminbi, the latest report of 6.931 is getting closer to the psychological barrier of “7 calculations”; the latest CIF price is 6.9089.

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