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Central parity of RMB exchange rate in the interbank foreign exchange market on July 13

USD/RMB was at 7.1527, down 238 points (RMB appreciation); EUR/RMB was at 7.9739, up 541 points; HKD/RMB reported at 0.91398, down 26.7 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 12, 2023

USD/RMB was at 7.1765, down 121 points (RMB appreciation); EUR/RMB was at 7.9198, down 183 points; HKD/RMB reported at 0.91665, down 13.8 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 11

USD/RMB reported at 7.1886, down 40 points (RMB appreciation); EUR/RMB reported at 7.9381, up 347 points; HKD/RMB reported at 0.91803, down 5.4 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 10, 2023

USD/RMB was at 7.1926, down 128 points (RMB appreciation); EUR/RMB was at 7.9034, up 165 points; HKD/RMB reported at 0.91857, down 23.8 points; GBP/RMB reported...

Guan Tao: It is necessary to prevent “linear unilateral thinking” in the foreign exchange market

On July 7th, Guan Tao, the global chief economist of Bank of China Securities, said that the RMB exchange rate is supported in the...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 7, 2023

USD/RMB was at 7.2054, down 44 points (RMB appreciation); EUR/RMB was at 7.8869, up 228 points; HKD/RMB reported at 0.92095, down 11.3 points; GBP/RMB reported...

On July 7, China’s first “digital renminbi + TIPS customs real-time tax deduction” business was launched

On July 7th, recently, relying on the real-time customs tax deduction function of the Treasury Information Processing System (TIPS), Huaxian Optoelectronics Technology (Huizhou) Co.,...

Digital RMB cross-border retail payment cooperation enters the second phase of testing

On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the...

SWIFT: Renminbi remains the world’s fifth most active currency in May

According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency...

The volume of yuan in Russia-China trade will increase tenfold this year

On May 25, the president and chairman of Sberbank, Herman Gref, told the Russian Satellite News Agency a few days ago that after the...

This Year’s Global Macro Environment Is Conducive to Gold Performance

On April 19, the World Gold Council released its latest research report a few days ago, pointing out that central banks around the world...

The currency continues to depreciate and the economic crisis in Lebanon persists

Due to multiple factors, Lebanon has been plunged into its most severe economic crisis since the fall of 2019. The ongoing economic crisis has had...

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