The People’s Bank of China authorized the China Foreign Exchange Trade System to announce that on May 26, 2021, the central parity of the RMB exchange rate in the inter-bank foreign exchange market was: 1 U.S. dollar to RMB 6.4099, an increase of 184 basis points from the previous trading day, approaching the era of 6.3 yuan. In addition, the exchange rate of onshore renminbi and offshore renminbi to the US dollar is one step away from the 6.3 yuan era, and the offshore renminbi to US dollar exchange rate once rose above the 6.4 yuan mark. (The original title is “The exchange rate of RMB against the US dollar is approaching the era of 6.3 yuan 》)