SMM: the people's Bank of China authorized the China Foreign Exchange Trading Center to announce that the midpoint of the RMB exchange rate in the interbank foreign exchange market on July 1, 2020 is: 1 US dollar to RMB 7.0710 yuan, 1 euro to RMB 7.9430 yuan, 100 yen to RMB 6.5479 yuan, 1 Hong Kong dollar to RMB 0.91232 yuan, 1 pound to RMB 8.7603 yuan, 1 Australian dollar to RMB 4.8800 yuan, 1 New Zealand dollar to RMB 4.5605, 1 Singapore dollar to RMB 5.0740, 1 Swiss franc to RMB 7.4655, 1 Canadian dollar to RMB 5.2089, RMB 1 to 0.60575 ringgit, RMB 1 to 10.0703 Russian rouble, RMB 1 to 2.4529 South African rand, RMB 1 to 169.80 won, RMB 1 to United Arab Emirates dirhams, RMB 1 to 0.53046 Saudi riyals, RMB 1 to 44.6445 Hungarian forint, 1 yuan to 0.55951 Polish zloty, 1 yuan to 0.9383 Danish kronor, 1 yuan to 1.3184 Swedish kronor, 1 yuan to 1.3609 Norwegian kronor, 1 yuan to 0.96902 Turkish lira, 1 yuan to 3.2539 Mexican pesos, 1 yuan to 4.3697 Thai baht.
China Foreign Exchange Trading Center
July 1, 2020
![This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]](https://imgqn.smm.cn/usercenter/obeMy20251217171735.jpg)
![Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]](https://imgqn.smm.cn/usercenter/LVqfJ20251217171736.jpg)
