China Financial Daily

RMB market exchange rate list from People’s Bank of China
RMB/USD exchange rate: 100 U.S. dollars = 683.63 yuan
RMB/Yen exchange rate: 100 yen = 7.4832 yuan
RMB/euro exchange rate: 100 euros = 933.8 yuan
RMB/HK dollar exchange rate: 100 Hong Kong dollars = 88.127 yuan
RMB/Pound exchange rate: 100 Pounds = 1038.09 yuan

RMB exchange rate may devaluate firstly and stabilize later
From the media disclosure, the pressure of the inflow of hot money in China has been reduced significantly. Under the influence of substantial reduction in interest rate and stable RMB exchange rate, hot money not only stops the inflow, but also withdraws from a number of channels, which may realize the basic balance of international balance of payments.

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