PBOC Weakens Yuan by 27 Bips to 6.5782 a Dollar
Zhang Yushuo
DATE:  Nov 30 2020
/ SOURCE:  Yicai
PBOC Weakens Yuan by 27 Bips to 6.5782 a Dollar PBOC Weakens Yuan by 27 Bips to 6.5782 a Dollar

(Yicai Global) Nov. 30 -- The People's Bank of China softened the yuan by 27 bips to 6.5782 against the US dollar this morning.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under the central bank, designates 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