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    26 RMB Central Parity 6.5173&Nbsp, Down 12 Basis Points.

    2011/4/26 10:15:00 73

    Exchange Day RMB

    RMB pair US dollar exchange rate The median price is 1 US dollars against RMB 6.5173, compared with the previous one. Trading day (6.5161) a decrease of 12 basis points.


    The central parity rate of RMB against other currencies is 1 yuan to RMB 9.4553 yuan, 100 yen to RMB 7.9747 yuan, 1 Hong Kong dollars to RMB 0.83856 yuan, 1 pounds to RMB 10.7242 yuan, 1 yuan to 0.46005 ringgit, RMB 1 yuan to 1 Russian ruble.


    yesterday RMB The median price for the US dollar was 1 US dollars to 6.5161 yuan, which was 5 basis points lower than the previous trading day. At the same time, due to the increase in demand for foreign exchange purchase, the price of the intraday offer fell to 6.5487 yuan at the same time, and once touched the limit of 0.5% yuan per day against the US dollar.


    Hang Seng Bank (China) trading director Lu Minqiang pointed out that despite the sharp fluctuations in the RMB spot exchange rate against the US dollar, judging from the current situation, this should be only a special case, and does not indicate the adjustment of the central bank's policy direction.


    Guan Tao, director of the balance of Payments Division of the State Administration of foreign exchange, recently wrote that the RMB exchange rate is gradually approaching the equilibrium level, so there is no basis for a sustained appreciation of the renminbi.


    Datong securities analysis, in view of the current downward trend of the US dollar index is more obvious, the euro, the RMB and other major non US currencies or continued strong, it is expected that the two quarter of the RMB appreciation against the dollar will accelerate.


     

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