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Reuters According to the China Foreign Exchange Trade Center announced the RMB exchange rate formation mechanism, the central parity of the RMB against the US dollar is expected to open in the vicinity of 6.8607 yuan on Wednesday, compared with the previous day depreciation of about 112 points.

The yuan against the US dollar on the spot to close at 6.853 yuan, while the middle price was 6.8495 yuan. According to the pricing mechanism, today's central price changes, there are 35 points down the impact of market supply and demand reaction, the other 77 points down the overnight reaction is basically a basket of exchange rates remain the same points.

Reuters estimated that the central parity of the yuan against the US dollar was 6.8545 yuan, and the foreign exchange trading center announced the actual value of the deviation of 50 points.

China's currency network in early June has released a special commentator article said, since the Spring Festival, the central parity of the RMB against the US dollar exchange rate and the "closing exchange rate + a basket of currencies exchange rate" formation mechanism is highly consistent, the formation of the mechanism of the middle price rules and transparency significantly Improve the central bank exchange rate policy in the credibility, stability, market expectations and so played an important role.

Sun Wei, deputy general manager of CITIC Bank's financial market, said earlier that "a basket of currency exchange rate changes" is divided into the basis of part and the artificial adjustment part; artificial adjustment part of the offer Chamber of Commerce with their own factors, the basic part of a certain artificial adjustment. At the same time, foreign exchange trading center also need to quote quotes weighted processing, the final formation of the day the yuan against the US dollar.

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