SHANGHAI :
PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points
Dou Shicong
DATE:  Nov 22 2017
/ SOURCE:  Yicai
PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points 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), raised the yuan-dollar central parity rate by 66 basis points today, following a cut of 85 basis points yesterday.

The China Foreign Exchange Trade System (CFETS), PBOC's interbank trading and foreign exchange division, 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.

Follow Yicai Global on
Keywords:   Central Parity Rate,Onshore,Offshore,Yuan,Dollar,Pboc