Zhongxin Finance, May 23 (Reporter Li Jinlei) The People's Bank of China authorized the China Foreign Exchange Trade System to announce that the central parity of the RMB exchange rate in the inter-bank foreign exchange market on May 23, 2022 is: 1 US dollar to RMB 6.6756.

This was a sharp increase of 731 basis points from the previous trading day.

In addition, the exchange rate of onshore RMB and offshore RMB against the US dollar has also risen back to the era of 6.6 yuan.