SHANGHAI :
PBOC Strengthens Yuan by 28 Bips to 6.8361 a Dollar
Liao Shumin
DATE:  Sep 14 2020
/ SOURCE:  Yicai
PBOC Strengthens Yuan by 28 Bips to 6.8361 a Dollar PBOC Strengthens Yuan by 28 Bips to 6.8361 a Dollar

(Yicai Global) Sept. 14 -- The People's Bank of China strengthened the yuan by 28 bips against the US dollar this morning, fixing the central parity rate at 6.8361.

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 the figure.

Editor: Emmi Laine

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Keywords:   Central Parity Rate