Yuan-Dollar Central Parity Rate Firms Up 84 Points
Liao Shumin
/SOURCE : Yicai
Yuan-Dollar Central Parity Rate Firms Up 84 Points

(Yicai Global) Sept. 25 -- The central parity rate of the yuan against the US dollar strengthened 84 basis points before the opening of the interbank market today.

The China Foreign Exchange Trade System (CFETS), the interbank trading and foreign exchange division of China's central bank, the People's Bank of China (PBOC), set the yuan central parity rate at 6.5945 against the dollar, compared with the official close of 6.5922 last Friday.

The onshore spot exchange rate of the yuan against the dollar rose to 6.5898 at the close of the last trading day, while the offshore spot exchange rate increased to 6.5750.

The dollar index softened nearly 500 basis points to 92.3045 at 9.30 a.m. today.

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Keywords: Central Parity Rate , CNH , CNY