BEIJING (XFN-ASIA) - The yuan finished at a fresh high of 6.8653 against the US dollar on the over-the-counter (OTC) market, up from 6.8699 yesterday.
On the exchange-traded market, the yuan also ended at a new record of 6.8648, up from 6.8711 in the previous session, a Guangzhou-based trader with a foreign bank said.
The yuan traded between 6.8695 and 6.8620 on the OTC market and between 6.8670 and 6.8648 on the exchange-traded market.
The central bank set the yuan central parity rate at 6.8684 to the dollar this morning, compared with 6.8736 in the previous session.
The yuan's daily trading band is currently set at 0.5 pct.
derek.jiang@xfn.com
Taken From : Thomson Financial News
Wednesday, June 25, 2008
China yuan ends at new high of 6.8653 to US dollar vs 6.8699 in OTC trade
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment