SHANGHAI :
PBOC Strengthens Yuan by 22 Bips to 6.8364 a Dollar
Tang Shihua
DATE:  Sep 08 2020
/ SOURCE:  Yicai
PBOC Strengthens Yuan by 22 Bips to 6.8364 a Dollar PBOC Strengthens Yuan by 22 Bips to 6.8364 a Dollar

(Yicai Global) Sept. 8 -- The People's Bank of China strengthened the yuan by 22 basis points against the US dollar this morning, fixing the central parity rate at 6.8364.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under the central bank, sets the benchmark on the morning of each business day. Spot rates may deviate 2 percent above or below its figure.

Editor: Emmi Laine

 

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Keywords:   Central Parity Rate,Foreign Exchange Rate,PBOC