PBOC Strengthens Yuan to 6.8513 a Dollar, Firmest in a Week
Liao Shumin
DATE:  Jul 02 2019
/ SOURCE:  yicai

(Yicai Global) July 2 -- The People's Bank of China fixed the yuan's central parity rate against the US dollar 203 basis points firmer to 6.8513 this morning, the strongest level since June 24. 

The central parity rate is 69 points weaker than yesterday's closing price.

The central bank's China Foreign Exchange Trade System fixes the benchmark rate each business day and spot rates may deviate 2 percent around that figure.

Editor: Emmi Laine 

Follow Yicai Global on
Keywords:   Central Parity Rate