China’s yuan strengthens to 6.6305 per USD Monday

Posted on Dec 27, 2010 in AllEconomic News
The value of yuan gained as the central parity rate of Renminbi, China’s currency, was set at 6.6305 per U.S. dollar Monday, compared with Friday’s 6.6371, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5 percent each way of the central parity rate.

via China’s yuan strengthens to 6.6305 per USD Monday – People’s Daily Online.