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Dow Jones Industrial Average turned higher, trading up 0.25%.

2026-06-02

Dow Jones Industrial Average turned higher, trading up 0.25%.

Other News
2026-06-02

Ge Qing, director of the macroprudential management department at the PBOC’s Shanghai headquarters, said at a press briefing that building a global asset management center in Shanghai is a priority to raise the city’s international financial center s

Ge Qing, director of the macroprudential management department at the PBOC’s Shanghai headquarters, said at a press briefing that building a global asset management center in Shanghai is a priority to raise the city’s international financial center standing and broadening practical uses for the renminbi. A mature, open asset management market will attract global capital into onshore RMB assets and strengthen the renminbi’s pricing, investment and reserve functions. He said expanding cross-border use cases and improving cross-border finance infrastructure will further boost Shanghai’s asset-management competitiveness. Authorities will press ahead with policy implementation to deepen financial opening, steadily expanding market interconnectivity, and optimizing cross-border financial services to enhance the global appeal and pricing power of RMB assets.
2026-06-02

[June 2, 2026 Interbank Foreign Exchange Market Central Parity Rate of the RMB] USD/CNY was 6.8187, up 20 points (RMB depreciation); EUR/CNY was 7.9068, down 54 points; HKD/CNY was 0.86998, up 1.2 points; GBP/CNY was 9.1472, up 133 points; AUD/CNY wa

[June 2, 2026 Interbank Foreign Exchange Market Central Parity Rate of the RMB] USD/CNY was 6.8187, up 20 points (RMB depreciation); EUR/CNY was 7.9068, down 54 points; HKD/CNY was 0.86998, up 1.2 points; GBP/CNY was 9.1472, up 133 points; AUD/CNY was 4.8681, down 78 points; CAD/CNY was 4.9081, down 107 points; JPY/CNY was 4.2621, down 35 points; CNY/RUB was 10.6364, up 1476 points; NZD/CNY was 4.0327, down 262 points; CNY/MYR was 0.58268, down 4.1 points; CHF/CNY was 8.6485, down 437 points. The Singapore dollar/Chinese yuan exchange rate was 5.3167, down 30 points.
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