Core Viewpoint - The People's Bank of China has announced an increase in the central parity rate of the RMB against the USD, indicating a strengthening of the Chinese currency in the foreign exchange market [1] Exchange Rate Summary - The central parity rate for the RMB against the USD was set at 7.1441, an increase of 70 basis points from the previous day's rate of 7.1511 [1] - As of 9:40 AM, the onshore RMB was trading at 7.1736, appreciating by 0.05%, while the offshore RMB was at 7.1764, appreciating by 0.06% [1] Panda Bond Market Summary - Morgan Stanley successfully issued a 5-year 2 billion yuan panda bond with a coupon rate of only 1.98%, marking a significant entry of a US company into the panda bond market [1] - Hungary issued two panda bonds, a 3-year bond of 4 billion yuan and a 5-year bond of 1 billion yuan, setting records for the largest single issuance by a foreign government and the first 5-year foreign government panda bond, respectively [1] - These developments reflect the increasing international interest in RMB-denominated assets [1]
调升70基点！人民币中间价报7.1441
Bei Jing Shang Bao·2025-07-30 02:11