The Central Parity Of The RMB Against The US Dollar Is Approaching The High Point Since The Reform.
Foreign exchange from China
Trading Center
The latest data show that in March 1st, the central parity of RMB against the US dollar was 6.5706, approaching 6.5705 of the high point since the reform.
The people's Bank of China authorized the China foreign exchange trading center to announce that the RMB exchange rate in the interbank foreign exchange market in March 1, 2011 was RMB 1 yuan to RMB 6.5706 yuan, 1 euro to RMB 9.0819 yuan, 100 yen to RMB 8.0222 yuan, 1 Hong Kong dollar to RMB 0.84366 yuan, 1 pounds to RMB 10.7019 yuan, RMB 1 yuan to 1 ringgit, RMB yuan to Russia ruble.
On the previous day, the RMB pair
US dollar exchange rate
The median price is 6.5757.
The US consumer spending figures released on Monday were weaker than expected, and had a negative impact on the US dollar.
U.S.A
equity market
The market risk appetite has been improved, and investors' interest rate expectations for the European Central Bank have not been reduced, which has also brought support to the euro.
Affected by this, the US dollar continued to decline in the international exchange market, and the central parity of the RMB against the US dollar went up for fourth consecutive trading days, and approached the high point since February.
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