The central parity of RMB is the abbreviation of the central parity of RMB against the US dollar. The formation method of the central parity of RMB against USD is as follows: China Foreign Exchange Trading Center makes an inquiry to all market makers in the interbank foreign exchange market before the opening of the daily interbank foreign exchange market, and takes the quotations of all market makers as the calculation samples of the central parity of RMB against USD. After excluding the highest and lowest quotations, the remaining market makers' quotations are weighted and averaged to get the central parity of RMB against the US dollar on that day. The weight is determined by China Foreign Exchange Trading Center according to the trading volume and quotation of the offeror in the inter-bank foreign exchange market.
So what does the downward adjustment of the central parity of RMB mean and what impact will it have on us? The downward adjustment of the central parity of the RMB means that the RMB has depreciated, that is, the money is worthless, and the goods of the same value need to spend more money than the original.
The depreciation of RMB will have a greater impact on overseas study parties, Haitao people and overseas travel. Because the RMB depreciates, it needs to be larger than the original amount to convert the RMB into dollars, which means spending more money.
The depreciation of RMB has led some travel agencies to increase the quotation of overseas travel, especially the route to the United States, in order to dilute the cost. Therefore, although 10 is the off-season for traveling abroad, the cost has not been reduced.
Although the middle price of RMB is a technical term, the change of the middle price of RMB has an impact on all aspects of residents' lives, especially now that international exchanges are more frequent, the middle price of RMB deserves our attention.