rmb

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    Forex Currency: RMB/USD Central Parity Plummeted

    Forex Currency---- China Foreign Exchange Trading Center, authorized by People’s Bank of China (PBC), announced that on July 13th interbank forex market, RMB/USD forex rate central parity hit 6.7802, 84 basis points lower than the previous day, offsetting the total increase of 72 basis points...
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    Forex Currency:RMB Central Parity Drops in Two Consecutive Days

    Forex Currency---- Following the decline of RMB/USD central parity and spot quotes, the situation renewed yesterday. Affected by the adjustment of inquiry market, overseas non-deliverable forward (NDF) market comes into watching moods. Since the beginning of July, RMB has fallen consecutively...
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    Forex Currency: Both RMB Spot and NDF Weaken

    Forex Currency---- Yesterday (July 5th) was the first trading day in the third week after RMB currency reform. The previous spot market hit new high since three successive days of RMB currency reform. Yesterday, RMB spot and NDF market both declined, indicating the amendment of the forex market...
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