On the 16th, the central parity of the RMB against the US dollar was raised by 237 basis points

Xinhua News Agency, Shanghai, November 16 "Data from the China Foreign Exchange Trading Center showed that the central parity of the RMB against the US dollar on the 16th was reported at 6.6048, an increase of 237 basis points from the previous trading day. The People’s Bank of China authorized the China Foreign Exchange Trade System to announce that on November 16, 2020, the central parity of the RMB exchange rate in the inter-bank foreign exchange market is: 1 U.S. dollar to RMB 6.6048, 1 Euro to RMB 7.8246, 100 Japanese Yen to RMB 6.3104, and 1 Hong Kong dollar. For RMB 0.85187, 1 British Pound to RMB 8.7225, 1 Australian Dollar to RMB 4.8099, 1 New Zealand Dollar to RMB 4.5295, 1 Singapore Dollar to RMB 4.9039, 1 Swiss Franc to RMB 7.2412, 1 Canadian Dollar to RMB 5.0338 Yuan, 1 Yuan to 0.62386 Malaysian Ringgit, 1 Yuan to 11.7095 Russian Ruble, 1 Yuan to 2.3506 South African Rand, 1 Yuan to 168.07 KRW, 1 Yuan to 0.55600 UAE Dirhams, 1 Yuan to RMB 1 0.56771 Saudi Riyal, RMB 1 to 45.7529 Hungarian Forints, RMB 1 to 0.57301 Polish Zloty, RMB 1 to 0.9522 Danish Krona, RMB 1 to 1.3130 Swedish Krona, RMB 1 to 1.3835 Norwegian Krona, Chinese Yuan One yuan is equal to 1.16045 Turkish lira, one yuan is equal to 3.0828 Mexican pesos, and one yuan is equal to 4.5688 baht. 　　 On the previous trading day, the central parity of the RMB exchange rate against the US dollar was reported at 6.6285.