The midpoint of the RMB to USD exchange rate is 6.8880, up 145 points

MaticHoleFiller · 2026-04-10T17:25:10+00:00

On April 2nd, the midpoint exchange rate of the RMB against the US dollar was raised to 6.8880. The probability that the Federal Reserve will keep interest rates unchanged in April is as high as 97.4%, with only a 2.6% chance of a rate hike. By June, the probability of a rate cut is 6.6%, and the chance of maintaining current rates is 91.0%.

MaticHoleFiller

2026-04-10 17:25:10

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April 2nd, the RMB to USD central parity rate is 6.8880, up 145 points.

The probability that the Federal Reserve will keep interest rates unchanged in April is 97.4%

According to CME “Federal Reserve Watch”: The probability of a 25 basis point rate hike by the Federal Reserve in April is 2.6%, and the probability of holding rates steady is 97.4%. The probability of a total 25 basis point rate cut by June is 6.6%, with a 91.0% chance of holding rates steady, and a 2.4% chance of a total 25 basis point rate hike.

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