On July 3, China Foreign Exchange Trading Center was authorized to announce the midpoint of RMB exchange rate.

Published: Jul 03, 2020 09:40 (GMT+8)

Source: Monetary Policy Department

Save

On July 3, the midpoint of RMB exchange rate in the interbank foreign exchange market is: 1 US dollar to RMB 7.0638, 1 euro to RMB 7.9379, and 100 yen to RMB 6.5702.

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 3, 2020 is: 1 US dollar to RMB 7.0638 yuan, 1 euro to RMB 7.9379 yuan, 100 yen to RMB 6.5702 yuan, 1 Hong Kong dollar to RMB 0.91142 yuan, 1 pound to RMB 8.8073 yuan, 1 Australian dollar to RMB 4.8898 yuan, 1 New Zealand dollar to RMB 4.5993, 1 Singapore dollar to RMB 5.0637, 1 Swiss franc to RMB 7.4720, 1 Canadian dollar to RMB 5.2074, RMB 1 to 0.60649 ringgit, RMB 1 to 9.9682 Russian rouble, RMB 1 to 2.4046 South African rand, RMB 1 to 169.85 won, RMB 1 to United Arab Emirates dirhams, RMB 1 to 0.53100 Saudi riyals, RMB 1 to 44.2565 Hungarian forint, 1 yuan to 0.56205 Polish zloty, 1 yuan to 0.9387 Danish kronor, 1 yuan to 1.3189 Swedish kronor, 1 yuan to 1.3484 Norwegian kronor, 1 yuan to 0.96999 Turkish lira, 1 yuan to 3.1815 Mexican pesos, 1 yuan to 4.4008 Thai baht.

China Foreign Exchange Trading Center

July 3, 2020

RMB exchange rate

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

[SMM Precious Metals Express]

A joint research team from Thailand and China has developed a platinum (Pt) and ruthenium (Ru) co-doped In₂S₃-Ta₂O₅ heterostructure photocatalytic film for degrading organic dye pollutants under visible light. The optimised material demonstrated strong performance in Rhodamine B degradation tests, removing approximately 92.0% of the pollutant within 120 minutes.

11 hours ago

[SMM Precious Metals Express]

A U.S. patent application (Publication No. US20260275453A1) titled "Method for Producing Palladium from Ag Slime" by Korea Zinc was published on September 17. The patent focuses on improving the efficiency of palladium (Pd) recovery from silver slime, a by-product of silver refining. The proposed process involves separating gold through acid dissolution, neutralising the palladium-bearing solution to form palladium oxide-containing precipitate, leaching palladium and platinum (Pt) with hydrochloric acid, followed by chloride precipitation, and ultimately completing the purification and recovery of palladium.

11 hours ago

[SMM Precious Metals Express]

As global population ageing accelerates, medical demand for cardiovascular diseases, neurological disorders and chronic pain continues to rise. Platinum, with its excellent biocompatibility, corrosion resistance, electrical conductivity and X-ray visibility, has become a critical material for advanced medical devices. From coronary stents and implantable pacemakers to cochlear implants and brain-computer interfaces, platinum applications are increasingly extending toward high-precision, miniaturised and long-term implantable medical technologies. In cardiovascular medicine, platinum is mainly used in catheters, stent positioning and cardiac electrophysiology therapy.

11 hours ago