August 28Th: The Central Parity Of RMB Against The US Dollar Has Risen By 89 Basis Points.
According to the latest data from China foreign exchange trading center, the central parity of RMB against the US dollar in August 28th was 6.8326, up 89 basis points from the previous trading day.
(b) the people's Bank of China authorized the China foreign exchange trading center to announce that in August 28, 2008, the intermediate price of the US dollar and other currencies in the inter-bank foreign exchange market to the RMB exchange rate was 1 US dollars to 6.8326 yuan, 1 euros to 10.0777 yuan, 100 yen to RMB 6.2401 yuan, 1 Hong Kong dollars to RMB 0.87514 yuan, 1 pounds to RMB 12.5252 yuan.
On the previous day, the central parity of RMB against the US dollar was quoted at 6.8415.
On Wednesday, unexpected growth in the number of durable goods orders announced by the US on July raised the market's optimistic expectations of the US economy.
But at the same time, international crude oil futures prices rose sharply, to a certain extent, inhibit the rebound of the US dollar.
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