videopokerdreamcard| The central parity of the RMB was quoted at 7.1030, down 19 points

May 13thVideopokerdreamcardThe midpoint of RMB is quoted at 7.Videopokerdreamcard.1030, down by 19:00, and the previous day's midpoint was at 7.1011.

The probability that the Fed will keep interest rates unchanged in June is 96.5%.

CME Fed Watch: the probability of the Fed keeping interest rates unchanged in June is 96.5 per cent and the probability of cutting rates by 25 basis points is 3.5 per cent. The probability that the Fed will keep interest rates unchanged by August is 74.6%, the probability of a cumulative 25 basis point cut is 24.6%, and the probability of a cumulative cut of 50 basis points is 0.8%.

The performance of RMB exchange rate is stable, and it is based on and conditions for maintaining stability.

The market generally believes that there are foundations and conditions for the stability of the RMB exchange rate in the future. On the one hand, from the perspective of economic fundamentals, China's economic growth in the first quarter exceeded expectations, and recent economic indicators such as consumption, imports and exports have improved, and it is expected to achieve the economic growth target of about 5% for the whole year, which is significantly higher than that of developed economies. it is also higher than most emerging economies, forming a solid support for the RMB exchange rate. The exchange rate ultimately reflects the economic comparison between countries, and the optimistic expectation of foreign investment on China's economic rebound has risen significantly. On the other hand, from the perspective of capital flows, the investment value of RMB assets is rising, which has become an important choice for the global investment layout of foreign institutions. Foreign institutions have greatly increased their holdings of Chinese bonds since the fourth quarter of last year, and it is still expected to continue a steady growth trend in the future.

In addition, from a policy perspective, the people's Bank of China has made it clear that its goal and determination to keep the RMB exchange rate basically stable will not change. Industry insiders said that the people's Bank of China insists on giving priority to us, taking into account internal and external equilibrium, correcting pro-cyclical behavior, preventing the risk of exchange rate overshoot, and maintaining the stability of the RMB exchange rate.