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The midpoint exchange rate of the RMB to USD is 6.8854, up by 75 basis points
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April 7th, the RMB to USD central parity rate is 6.8854, up 75 basis points.
The probability that the Federal Reserve will keep interest rates unchanged in April is 98.4%
According to CME “Federal Reserve Watch”: The probability of a 25 basis point rate hike by the Federal Reserve in April is 1.6%, and the probability of holding rates steady is 98.4%. The probability of a total 25 basis point rate cut by June is 4.1%, with a 94.4% chance of rates remaining unchanged, and a 1.5% chance of a total 25 basis point rate increase.