中间价

中間價

zhōngjiānjià

noun

Meanings

1 mid-price
2 central parity rate
3 reference rate

Characters

Examples

今日人民币兑美元中间价为七点一二。

Jīnrì rénmínbì duì měiyuán zhōngjiānjià wéi qī diǎn yī èr.

Today's RMB-to-USD central parity rate is 7.12.

央行每天公布中间价。

Yāngháng měi tiān gōngbù zhōngjiānjià.

The central bank announces the reference rate daily.

中间价是买入价和卖出价的平均值。

Zhōngjiānjià shì mǎirùjià hé màichūjià de píngjūnzhí.

The mid-price is the average of the bid and ask prices.

Tips

culture

In China's FX market, 中间价 specifically refers to the daily CNY central parity rate set by the CFETS each morning at 9:15 — the onshore yuan can trade only within a +/- 2% band around it. A politically watched number: a sudden downward fix is read as Beijing letting the yuan weaken.

Stroke Order

中 zhōng

间 jiān

价 jià