It Is Difficult To Measure The Inverse Parity Of RMB Against The US Dollar.

The renminbi fell slightly against the US dollar on Tuesday (June 14th), while the middle price rose slightly.

The US dollar / RMB inquiry system was reported at 6.5878 noon, 6.5863 on Monday and 6.5842 at night.

The central parity of US dollar / RMB central bank was 6.5791, and Monday's middle price was 6.5805.

The spot turnover of RMB against the US dollar was US $11 billion 432 million, and the half day of the week was US $12 billion 341 million.

In the overseas non deliverable Forex foreign exchange (NDF) market, the latest US dollar / Renminbi variety was 6.739 at the latest and 6.7313 at the end of Monday.

Off shore of Hongkong

The latest spot report is at 6.5981, and the last trading day is 6.5969..

The exchange rate of RMB against the US dollar updated at 11:00 today is 6.5865.

Traders said that although the middle price rose slightly, but the purchase of foreign exchange drive the RMB exchange rate as a whole was weak. Because of the risk of events such as Britain's withdrawal from Europe and the US interest rate conference, it helped to drag the risk of non US currencies weakening.

Although early morning has not yet seen obvious directional operation of the big banks, the market basically reached a consensus that it will not challenge the 6.6 pass, and the whole RMB will maintain a narrow range of shocks.

Traders added that there is no such thing as January.

It is expected that the regulation of foreign exchange purchase is relatively strict.

Traders also pointed out that the market generally expected that the UK should not retreat to Europe, but if the result of the referendum exceeded the market expectations, the foreign exchange market will have more turbulence. This is also the driving force for the recent rise in the dollar and gold prices, mainly due to the rise of risk aversion.

On the international exchange market, the British pound / dollar remained weak in the Asian market on Tuesday, closing to a two month low, and the yen against the US dollar hovered at a height of nearly 6 weeks, worried that Britain's referendum in less than 10 days may decide to withdraw.

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Traders expect the market to fluctuate between 6.55-6.6 in the short term, and the new trading space will not be opened until the Fed's June interest conference and the European referendum.

The main reason is that the purchasing power of some customers is too large, so the US dollar is hard to slide, but the risk of up to 6.60 is limited.