PBOC Weakens Yuan by 8 Bips to 7.0091 a Dollar
Tang Shihua
DATE:  Nov 15 2019
/ SOURCE:  yicai

(Yicai Global)  Nov. 15 -- The China Foreign Exchange Trade System, the interbank  trading and foreign exchange division under the People's Bank of China,  set the central parity rate between the yuan and the US dollar at  7.0091, 8 basis points weaker for the redback than yesterday.

CFETS  fixes the benchmark parity rate 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,Foreign Exchange Market,PBOC,USD,CNY