News and Information

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 20, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8987 yuan for 1 US dollar, 7.5537 yuan for 1 euro, 5.1206 yuan for 100 yen, 0.87895 yuan for 1 Hong Kong dollar, 8.5731 yuan for 1 pound, 4.6249 yuan for 1 Australian dollar, and 4.6249 yuan for 1 New Zealand dollar.

  The U.S. dollar index fell slightly in early Asian trading on April 19, Beijing time, and is currently trading around 101.72. The U.S. dollar fell against most major currencies on Tuesday after better-than-forecast Chinese economic growth data weighed on safe-haven demand for the dollar and boosted commodity currencies, while strong U.K. pay data supported the pound. Data showed that in the first three months of this year, China's gross domestic product (GDP) grew by 4.5% year-on-year, outpacing analysts' expectations after the end of epidemic restrictions.

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 19, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8731 yuan for 1 US dollar, 7.5436 yuan for 1 euro, 5.1290 yuan for 100 yen, 0.87576 yuan for 1 Hong Kong dollar, 8.5414 yuan for 1 pound, 4.6269 yuan for 1 Australian dollar, and 4.6269 yuan for 1 New Zealand dollar.

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  Most Asian currencies edged up on Tuesday, while the dollar moved somewhat differently ahead of key inflation data due later this week that will provide more clues about the U.S. economy and monetary policy. However, after a string of less hawkish hints from local central banks, gains in regional currencies remained limited amid signs that inflation is peaking in much of the region. China's yuan was flat as data showed that the country's consumers in March...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 17, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8679 yuan for 1 US dollar, 7.5451 yuan for 1 euro, 5.1288 yuan for 100 yen, 0.87492 yuan for 1 Hong Kong dollar, 8.5187 yuan for 1 pound, 4.6051 yuan for 1 Australian dollar, and 4.6051 yuan for 1 New Zealand dollar.

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 14, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8606 yuan for 1 US dollar, 7.5819 yuan for 1 euro, 5.1759 yuan for 100 yen, 0.87399 yuan for 1 Hong Kong dollar, 8.5928 yuan for 1 pound, 4.6538 yuan for 1 Australian dollar, and 4.6538 yuan for 1 New Zealand dollar.

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 12, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8854 yuan for 1 US dollar, 7.5158 yuan for 1 euro, 5.1528 yuan for 100 yen, 0.87714 yuan for 1 Hong Kong dollar, 8.5575 yuan for 1 pound, 4.5795 yuan for 1 Australian dollar, and 4.5795 yuan for 1 New Zealand dollar.

  On April 11, Beijing time, the Asian market morning, the dollar index fell slightly, and is currently trading around 102.44. The dollar strengthened on Monday, and Friday's strong jobs report boosted expectations of a U.S. interest rate hike in May, while the yen weakened as the new governor of the Bank of Japan, Kazuo Ueda, said he was in no hurry to scale back his massive stimulus measures. U.S. employers hired at a strong pace in March, adding 236,000 jobs and pushing the unemployment rate down to 3.5 percent, indicating that the labor force...

  Xinhua News Agency, Beijing, April 10, "Economic Information Daily" published an article on April 10, "the scale of our country's foreign exchange reserves rose by 1.62% at the end of March". The article said that the statistics of the State Administration of Foreign Exchange show that as of the end of March 2023, the scale of our country's foreign exchange reserves was 3.1839 trillion US dollars, an increase of 50.70 billion US dollars from the end of February, an increase of 1.62%. The relevant person in charge of the foreign exchange administration said that the combination of factors such as exchange rate conversion and asset price changes...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on April 11, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8882 yuan for 1 US dollar, 7.4859 yuan for 1 euro, 5.1581 yuan for 100 yen, 0.87753 yuan for 1 Hong Kong dollar, 8.5343 yuan for 1 pound, 4.5788 yuan for 1 Australian dollar, and 4.5788 yuan for 1 New Zealand dollar.

  On the morning of April 6, Pan Gongsheng, Secretary of the Party Group and Director of the State Administration of Foreign Exchange, presided over an expanded meeting of the Party Group to convey and study the spirit of General Secretary Xi Jinping's important speech at the Conference on Learning and Implementing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and to study, deploy and implement the work. The meeting held that in-depth study and implementation of the theme education of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era in the whole Party is a key step for the Party Central Committee to fully implement the spirit of the 20th National Congress and mobilize...

  On the morning of April 6, the Asian market, the US dollar index was trading around 101.91; the US dollar fell slightly against major currencies in quiet trading on Thursday, as investors sorted out their positions and considered how the key US non-farm payrolls data to be released when the stock market is closed for the holiday may affect the Federal Reserve's policy and what kind of market volatility it will lead to. Beijing time on Friday (April 6) Asian market morning, the US dollar index was trading around 101.91; the US dollar against major currencies was trading quietly on Thursday...