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[RMB midpoint rate in the interbank foreign exchange market on May 19, 2025] USD/RMB reported 7.1916, down 22 points (RMB appreciation); EUR/RMB reported 8.0550, down 23 points; HKD/RMB reported 0.91985, down 16.1 points; GBP/RMB reported 9.5776, dow

2025-05-19

[RMB midpoint rate in the interbank foreign exchange market on May 19, 2025] USD/RMB reported 7.1916, down 22 points (RMB appreciation); EUR/RMB reported 8.0550, down 23 points; HKD/RMB reported 0.91985, down 16.1 points; GBP/RMB reported 9.5776, down 9 points; AUD/RMB reported 4.6163, up 49 points; CAD/RMB reported 5.1609, up 13 points; JPY100/RMB reported 4.9593, up 99 points; RMB/Russian Ruble reported 11.2412, up 1352 points; NZD/RMB reported 4.2422, up 100 points; RMB/RMB reported 0.59655, up 26.6 points; CHF/RMB reported 8.6245, up 56 points; SGD/CNY was quoted at 5.5473, down 69 points.

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Federal Reserve Vice Chairman Jefferson: The risks of the Fed's mission depend on policy choices that the government has not yet made.
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