news

Beijing Business Daily (Reporter Yue Pinyu Dong Hanxuan) During the trading session on August 19,Offshore RMBThe exchange rate against the US dollar rose above 7.13, up more than 300 basis points on the day. As of 14:00, the offshore RMB exchange rate against the US dollar was 7.1299.Onshore RMBThe exchange rate against the US dollar is 7.1338.

The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that the mid-point of the RMB exchange rate in the interbank foreign exchange market on August 19 was 7.1415 yuan per US dollar, an increase of 49 basis points from 7.1464 in the previous trading day.