On July 29th, China Foreign Exchange Trading Center was authorized to announce the midpoint of RMB exchange rate.

Published: Jul 29, 2020 09:53

Source: Monetary Policy Department

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On July 29th, the midpoint of RMB exchange rate in the interbank foreign exchange market is: 1 US dollar to RMB 6.9969, 1 euro to RMB 8.1992, and 100 yen to RMB 6.6586.

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 29, 2020 is: 1 US dollar to RMB 6.9969 yuan, 1 euro to RMB 8.1992 yuan, 100 yen to RMB 6.6586 yuan, 1 Hong Kong dollar to RMB 0.90278 yuan, 1 pound to RMB 9.0431 yuan, 1 Australian dollar to RMB 5.0095 yuan, 1 New Zealand dollar to RMB 4.6603, 1 Singapore dollar to RMB 5.0737, 1 Swiss franc to RMB 7.6222, 1 Canadian dollar to RMB 5.2300, RMB 1 to 0.60783 ringgit, RMB 1 to 10.3550 Russian rouble, RMB 1 to 2.3589 South African rand, RMB 1 to 171.07 won, RMB 1 to United Arab Emirates dirhams, RMB 1 to 0.53612 Saudi riyals, RMB 1 to 42.3120 Hungarian forint, 1 yuan to 0.53814 Polish zloty, 1 yuan to 0.9077 Danish kronor, 1 yuan to 1.2543 Swedish kronor, 1 yuan to 1.3033 Norwegian kronor, 1 yuan to 0.99249 Turkish lira, 1 yuan to 3.1366 Mexican pesos, 1 yuan to 4.5003 Thai baht.

China Foreign Exchange Trading Center

July 29, 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.

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