Changes in The Exchange Rate Of RMB Against US Dollar

May 12, 2022

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On May 10, the central parity rate of the RMB against the US dollar was reported at 6.7134, down 235 basis points from the previous trading day, and rushed to the 6.7 era in this round of sharp depreciation.


After opening at 6.7320 on the same day, the spot exchange rate of RMB against the US dollar fell to 6.7411 in early trading, and then rose above the 6.74, 6.73, 6.72, 6.71, 6.70 and 6.69 marks, the highest intraday was 6.6895, and rebounded more than 500 points in the day;

exchange of RMB against US dollar


Reflecting the expectations of international investors, the exchange rate of the offshore RMB against the US dollar rebounded from the intraday low of 6.7750 to the highest to 6.7116, and rebounded by more than 600 basis points in the day.


Lianfeng motor company always focus on  the exchange rate of RMB against US dollars.

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