Chinese Yuan Trades At Near 3-month High Against U.S. Dollar
2019年11月4日 - 10:24AM
RTTF2
The Chinese yuan traded higher against the U.S. dollar in Asian
deals on Monday, as much stronger than expected U.S. jobs data for
October and renewed optimism about a U.S.-China trade deal improved
sentiment.
The yuan advanced to 7.02 against the greenback, its highest
since August 15. The yuan is seen finding resistance around the 6.8
mark.
The People's Bank of China set today's central parity rate of
the yuan at 7.0382 per dollar, compared to Friday's rate of 7.0437.
The Chinese central bank sets central parity rate every morning and
allows the yuan to fluctuate up to 2 percent from that level.
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