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Forex - PBOC Sets Yuan Parity At 6.3001 Against Dollar

Published 02/11/2018, 08:18 PM
Updated 02/11/2018, 08:18 PM
© Reuters.  Yuan parity

Investing.com - The People's Bank of China set the yuan parity rate against the dollar at 6.3001 on Monday, compared to 6.3194 previously.

The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. The central bank allows the dollar/yuan rate to move no more than 2% above or below the central parity rate.

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Oh! very good here investing.com publishing very good news,. . . Here are i knows about china foreign trade systems, but i have no idea about china foreign market. . . I am finding regular forex news and find some good news there in site and few little find other site like fxallnews.com published forex news.. . Either way thanks admin for a very good post.
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