PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points
Dou Shicong
/SOURCE : Yicai
PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points
(Yicai Global) Nov. 22 -- China's central bank, the People's Bank of China (PBOC), raed the yuan-dollar central parity rate by 66 bas points today, following a cut of 85 bas points yesterday. /n/n/n/n/n The China Foreign Exchange Trade System (CFETS), PBOC's interbank trading and foreign exchange divion, set the yuan central parity rate at 6.6290 versus the dollar, as against yesterday's 6.6356.

The onshore yuan-dollar spot exchange rate was 6.6337 at the official close yesterday, while the offshore spot exchange rate was 6.6253 at 9:18 a.m. today.

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Keywords: Central Parity Rate , Onshore , Offshore , Yuan , Dollar , Pboc