Core Points - The central viewpoint of the news is the recent adjustment of the Chinese yuan (RMB) exchange rate against the US dollar, indicating a slight depreciation [1]. Group 1: Exchange Rate Data - The RMB to USD exchange rate midpoint is reported at 7.0656, which reflects a decrease of 18 basis points from the previous trading day [1]. - The People's Bank of China has authorized the publication of various exchange rates, including 1 USD to 7.0656 RMB, 1 EUR to 8.2855 RMB, and 100 JPY to 4.5303 RMB, among others [2].

Core Viewpoint - The People's Bank of China has announced the central exchange rates for the Renminbi against various currencies as of December 2, 2025, indicating a stable currency valuation in the foreign exchange market [1]. Group 1: Exchange Rates - The central exchange rate for 1 US dollar is set at 7.0794 Renminbi, while 1 Euro is at 8.2113 Renminbi [1]. - Other notable exchange rates include 100 Japanese Yen at 4.5495 Renminbi, 1 British Pound at 9.3451 Renminbi, and 1 Australian Dollar at 4.6292 Renminbi [1]. - The exchange rate for 1 Canadian Dollar is 5.0539 Renminbi, and 1 Swiss Franc is 8.7915 Renminbi [1]. Group 2: Exchange Rate Formation Mechanism - The central exchange rate for the Renminbi against the Hong Kong Dollar is determined based on the daily Renminbi to US Dollar rate and the Hong Kong Dollar to US Dollar rate [2]. - For other currencies such as the Euro, Yen, and Pound, the exchange rates are formed by averaging the quotes from market makers after excluding the highest and lowest bids [2]. - The process involves inquiries made by the trading center to market makers before the opening of the interbank foreign exchange market [2].

Group 1 - The current exchange rate of the Chinese Yuan (CNY) against the US Dollar (USD) is 7.1030, with onshore CNY at 7.1306 and offshore CNH at 7.1189, indicating a stable and slightly appreciating Yuan [3] - The mid-price of the Yuan against the Dollar has reached a near one-month high, suggesting a short-term appreciation trend for the Yuan, which benefits companies converting USD revenues to CNY [5][11] - The difference between onshore and offshore Yuan prices has narrowed to just 11.7 basis points, indicating a high level of consensus in market expectations regarding the Yuan [6] Group 2 - Export companies, such as those in the clothing sector, may experience reduced profits due to the Yuan's appreciation, as they receive less CNY when converting USD earnings [7] - Consumers may benefit from a stronger Yuan, as it can lead to lower prices for imported goods, impacting everyday spending [9][11] - Understanding exchange rates is crucial for individuals with cross-border financial activities, such as travel or education, as even minor fluctuations can significantly affect costs [10][11]

Core Viewpoint - The People's Bank of China has announced the central exchange rates for the Renminbi against various currencies as of July 30, 2025, indicating a stable currency valuation in the foreign exchange market [1]. Exchange Rate Summary - The central exchange rate for 1 US dollar is set at 7.1441 Renminbi, while 1 Euro is at 8.2703 Renminbi [1]. - Other notable exchange rates include 100 Japanese Yen at 4.8238 Renminbi, 1 British Pound at 9.5602 Renminbi, and 1 Australian Dollar at 4.6638 Renminbi [1]. - The exchange rates for several other currencies are also provided, such as 1 Canadian Dollar at 5.1983 Renminbi and 1 Swiss Franc at 8.8869 Renminbi [1]. Exchange Rate Formation Mechanism - The central exchange rate for the Renminbi against the Hong Kong Dollar is determined based on the daily Renminbi to US Dollar exchange rate and the Hong Kong Dollar to US Dollar rate in the international market [2]. - For other currencies, the exchange rates are calculated by averaging the quotes from market makers after excluding the highest and lowest bids [2].

Core Points - The central bank's foreign exchange market has reported the RMB exchange rate against various currencies, indicating fluctuations in the value of the RMB [1] Exchange Rate Summary - USD/RMB is reported at 7.1534, an increase (RMB depreciation) of 28 points [1] - EUR/RMB is reported at 8.4110, a decrease of 182 points [1] - HKD/RMB is reported at 0.91128, an increase of 3.6 points [1] - GBP/RMB is reported at 9.7654, a decrease of 34 points [1] - AUD/RMB is reported at 4.6637, a decrease of 226 points [1] - CAD/RMB is reported at 5.2462, a decrease of 148 points [1] - 100 JPY/RMB is reported at 4.9114, a decrease of 431 points [1] - RMB/RUB is reported at 10.9654, a decrease of 263 points [1] - NZD/RMB is reported at 4.3091, a decrease of 213 points [1] - RMB/MYR is reported at 0.59163, an increase of 23.9 points [1] - CHF/RMB is reported at 8.9924, a decrease of 186 points [1] - SGD/RMB is reported at 5.6029, a decrease of 138 points [1]