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The Central Parity of RMB/USD continued to drop - indices and money markets

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Old 03-30-2011, 05:33 AM
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Join Date: Jan 2011
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Default The Central Parity of RMB/USD continued to drop

The latest data comes from the China Foreign Exchange (forex) Trade System indicated that the central parity of RMB against USD exchange rate in interbank foreign exchange (forex) market was 6.8007, declined 8 basis points
compared to the last trading day.

People’s Bank of China authorize the China Foreign Exchange (forex) Trade System to publish that the central parity of USD and other currencies against RMB exchange rate in interbank foreign exchange (forex) market was one dollar against 6.8007 Yuan, one euro against 8.6049 Yuan, 100 Yen against 8.0606 Yuan, one Hong Kong dollar against 0.87448 Yuan, one pound against 10.4884 Yuan and one Yuan against 0.46220 Malaysian dollar.

On the last trading day, the central parity of RMB against USD exchange rate in interbank foreign exchange (forex) market was 6.7999 Yuan.
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