Chinese Yuan At 5-1/2-month High Against U.S. Dollar
2020年1月20日 - 10:44AM
RTTF2
The Chinese yuan strengthened against the U.S. dollar in the
Asian session on Monday, as the People's Bank of China has set a
stronger midpoint for the yuan.
The yuan climbed to a 5-1/2-month high of 6.8409 against the
greenback from Friday's closing value of 6.8588. The yuan is seen
finding resistance around the 6.7 mark.
The People's Bank of China set today's central parity rate of
the yuan at 6.8664 per dollar, compared to Friday's rate of 6.8878.
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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