The CNY/USD central parity rate was quoted at 6.9057, down 50 points from the previous day.

K-LinePoet · 2026-03-16T16:48:51+00:00

The RMB to USD midpoint exchange rate is quoted at 6.9057, down 50 points from the previous day.Note: The RMB midpoint exchange rate is determined by the China Foreign Exchange Trade System each business day before the opening of the interbank foreign exchange market. It solicits quotes from all market makers in the interbank foreign exchange market, uses all market maker quotes as the calculation sample for the RMB to USD midpoint exchange rate, removes the highest and lowest quotes, and then calculates the weighted average of the remaining market maker quotes. The RMB midpoint exchange rate is the most important reference indicator for spot interbank foreign exchange transactions and bank-quoted exchange rates.

K-LinePoet

2026-03-16 16:48:51

The midpoint of the RMB to USD exchange rate is 6.9057, down 50 basis points from the previous day.
Note: The RMB midpoint rate is determined by the China Foreign Exchange Trading Center each day before the interbank foreign exchange market opens. It solicits quotes from all market makers in the interbank foreign exchange market and calculates the midpoint rate based on these quotes. The highest and lowest quotes are excluded, and the remaining quotes are weighted and averaged. The RMB midpoint rate is the most important reference indicator for the spot interbank foreign exchange market and bank bid-ask rates.

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