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29, The Central Parity Of RMB 6.4990 Exceeded The 6.50 Pass.

2011/4/29 9:45:00 48

RMB Trading Day US Dollar Middle Price

  

RMB

The middle price of the US dollar against the US dollar is 1 yuan against RMB 6.4990 yuan, the last one.

Trading day

(6.5051) increase 61 basis points, break through the 6.5000 pass, and earn a new high since the reform.


The central parity rate of RMB against other currencies is 1 yuan to RMB 9.6348 yuan, 100 yen to RMB 7.9718 yuan, 1 Hong Kong dollars to RMB 0.83639 yuan, 1 pounds to RMB 10.8130 yuan, 1 yuan to 0.45655 ringgit, RMB 1 yuan to 1 Russian ruble.


Yesterday (April 28th), the central parity of the RMB against the US dollar was 6.5051, up 45 basis points from the previous day, and it has hit a new high since 2005 in the second consecutive days. The RMB exchange rate against the US dollar has approached the 6.5 pass.

Rising middle price

Leading the RMB to the US dollar spot exchange rate strengthened, the whole day closed at 6.5015, which is 97 basis points stronger than the previous day.

Trading in the 6.5003 to 6.5052 trading range, the closing price and the highest price have reached a new high since the exchange rate reform.


It is worth noting that yesterday, the central bank bought at 6.50 above.

dollar

Otherwise, the RMB may have risen by 6.50 against the US dollar.


The overseas non prime delivery market, the US dollar to RMB one year NDF yesterday Beijing time 11:24 reported 6.3130/80, the last day reported 6.3200.


Statistics show that since mid January, the exchange rate of RMB against the US dollar has risen by about 1.4% from 6.6 to 6.51.

In June 19th last year, the central bank announced that the rate of exchange reform has risen to 4.3%.


 
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