News and Information

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 23, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.9028 yuan for 1 US dollar, 7.3214 yuan for 1 euro, 5.1174 yuan for 100 yen, 0.88002 yuan for 1 Hong Kong dollar, 8.3163 yuan for 1 pound, 4.7027 yuan for 1 Australian dollar, and 4.7027 yuan for 1 New Zealand dollar.

  At the beginning of the Asian session on Tuesday (February 21), the US dollar index fluctuated narrowly, and is currently trading around 103.94. Monday coincided with the US President's Day, the US stock market was closed, and the overall volatility of the foreign exchange market was relatively small. Although the US dollar index rose and fell back on Friday, it resisted further correction pressure on Monday, holding near a six-week high and closing close at 103.88. Traders are betting that the Federal Reserve will maintain currency stability, supported by strong US economic data over the past few weeks.

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 21, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8557 yuan for 1 US dollar, 7.3265 yuan for 1 euro, 5.1062 yuan for 100 yen, 0.87459 yuan for 1 Hong Kong dollar, 8.2547 yuan for 1 pound, 4.7400 yuan for 1 Australian dollar, and 4.7400 yuan for 1 New Zealand dollar.

  Monday Gold Market Trend Analysis: Last Friday (February 17), the international gold price continued to fall, and hit a new low since the end of December last year to $1818.69/ounce, as investors worried that the Federal Reserve will further raise interest rates after a series of strong economic data were released. Fed officials even said that the rate hike in February was not enough. Data released this week showing strong US retail sales and high consumer prices seem to be driving the market to reassess expectations that the Federal Reserve...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 20, 2023, the central parity of the RMB exchange rate in the interbank foreign exchange market was 1 US dollar to 6.8643 yuan, 1 euro to 7.3330 yuan, 100 yen to 5.1102 yuan, 1 Hong Kong dollar to 0.87535 yuan, 1 pound to 8.2569 yuan, 1 Australian dollar to 4.7147 yuan, 1 New Zealand dollar to RMB...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 17, 2023, the central parity of the RMB exchange rate in the interbank foreign exchange market was 6.8659 yuan for 1 US dollar, 7.3193 yuan for 1 euro, 5.1189 yuan for 100 yen, 0.87474 yuan for 1 Hong Kong dollar, 8.2199 yuan for 1 pound, 4.7126 yuan for 1 Australian dollar, and 4.7126 yuan for 1 New Zealand dollar.

  The latest data from the State Administration of Foreign Exchange shows that in January, our country's banks had a surplus of 16.90 billion yuan in foreign exchange settlement and sales, and banks had a surplus of 238.80 billion yuan in foreign-related receipts and payments. Our country's cross-border capital flows were stable, and domestic foreign exchange supply and demand remained basically balanced. Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, said: In January, the foreign-related income and expenditure surplus of non-banking sectors such as enterprises and individuals was 35.10 billion US dollars, an increase of 52% month-on-month; banks settled and sold foreign exchange...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 16, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8519 yuan for 1 US dollar, 7.3228 yuan for 1 euro, 5.1171 yuan for 100 yen, 0.87315 yuan for 1 Hong Kong dollar, 8.2438 yuan for 1 pound, 4.7317 yuan for 1 Australian dollar, and 4.7317 yuan for 1 New Zealand dollar.

  ATFX International: Today at 21:30, the US Department of Labor will release the nominal CPI growth rate and core CPI growth data for January 2023. The former has declined for six consecutive months, and the latter has also declined for three consecutive months. It is expected that the growth rate in January will continue to decline. The previous value of nominal CPI growth was 6.5%, and the expected value was 6.2%; the previous value of core CPI growth was 5.7%, and the expected value was 5.5%. The evening data is likely to be in line with expectations. The nominal CPI growth rate and...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 15, 2023, the central parity of the RMB exchange rate in the interbank foreign exchange market was 6.8183 yuan for 1 US dollar, 7.3204 yuan for 1 euro, 5.1270 yuan for 100 yen, 0.86904 yuan for 1 Hong Kong dollar, 8.3019 yuan for 1 pound, 4.7631 yuan for 1 Australian dollar, and 4.7631 yuan for 1 New Zealand dollar.

  On Tuesday (February 14), at the beginning of the Asian market, the US dollar index fluctuated narrowly, and is currently trading around 103.30. On Tuesday, the US dollar index rose and fell back. Earlier, because the market expected the growth rate of US inflation in January to pick up, the US dollar was close to a high of more than a month, reaching a maximum of 103.84, but then this expectation has cooled down. The New York Federal Reserve said on Monday that the US public still expects inflation pressures to be higher in the near future, long-term inflation is more moderate, and the public has also lowered...

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 14, 2023, the central parity of the RMB exchange rate in the interbank foreign exchange market was 6.8136 yuan for 1 US dollar, 7.3087 yuan for 1 euro, 5.1493 yuan for 100 yen, 0.86799 yuan for 1 Hong Kong dollar, 8.2730 yuan for 1 pound, 4.7460 yuan for 1 Australian dollar, and 4.7460 yuan for 1 New Zealand dollar.

  At the beginning of Asian trading on Monday (February 13), the US dollar index was volatile and slightly higher. It is currently trading around 103.62, just near the resistance of the 55-day moving average. The US dollar index rose 0.34% on Friday, and investors are increasingly worried that the US inflation data released this week may be higher than market expectations. Earlier data showed that consumers expect prices to continue to rise next year. The yen fluctuated widely on Friday. It is reported that Kazuo Ueda will become the next governor of the Bank of Japan, and the dollar is trading against the yen.

  The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 13, 2023, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 6.8151 yuan for 1 US dollar, 7.2737 yuan for 1 euro, 5.1773 yuan for 100 yen, 0.86819 yuan for 1 Hong Kong dollar, 8.2112 yuan for 1 pound, 4.7105 yuan for 1 Australian dollar, and 4.7105 yuan for 1 New Zealand dollar.

  According to statistics released by the State Administration of Foreign Exchange on the 7th, as of the end of January this year, the scale of our country's foreign exchange reserves was 3.1845 trillion US dollars, an increase of 56.80 billion US dollars from the end of 2022, an increase of 1.82%. So far, the scale of our country's foreign exchange reserves has rebounded for four consecutive months. For the reasons for the change in the scale of foreign exchange reserves, Wen Bin, chief economist of China Minsheng Bank, said that in January, it was affected by factors such as global macroeconomic data and monetary policy expectations of major economies...