Yuan-Dollar Central Parity Rate Hits 11-Day High
Yicai Global | Xu Wei
DATE:  Nov 19 2018
/ SOURCE:  yicai

 (Yicai Global) Nov. 19 -- The central parity rate of the yuan against the dollar rose 132 basis points ahead of the interbank market opening this morning, marking its highest level since Nov. 8.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division of China's central bank, set the central parity rate at 6.9245 against the dollar, compared with a close of 6.9474 on Friday.

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