The central parity rate of the RMB against the US dollar was lowered by 300 basis points.

Zhongxin Finance, June 14. The People's Bank of China authorized the China Foreign Exchange Trade System to announce that the central parity rate of the RMB exchange rate in the inter-bank foreign exchange market on June 14, 2022 is: 1 US dollar to RMB 6.7482.This is down 300 basis points from the previous day.(Finish)