[HIGHLIGHTS] The central parity rate of RMB against the US dollar increased by 26 basis points to 7.0942 yuan.

The central parity rate of RMB against the US dollar increased by 26 basis points to 7.0942 yuan. The People's Bank of China authorized the China Foreign Exchange Trading Center to announce the new rate on March 21, 2024.

On the trading day, the central parity of the RMB exchange rate on the Trading Day was 7.0868 yuan per US dollar against RMB 1. The previous day the rate was 1 U.S. dollar to 1.0870 yuan.