www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Yuan gains the most in 20 years vs US dollar

By WU YIYAO in Shanghai | China Daily | Updated: 2013-10-17 00:51

Yuan gains the most in 20 years vs US dollar

A clerk counts money at a bank in Ganyu, Jiangsu province. Yuan has appreciated 43 percent since a new exchange rate mechanism was implemented in 1994. SI WEI / FOR CHINA DAILY

Record high exchange rate comes amid impasse over US debt 

The yuan traded stronger than 6.10 per dollar for the first time in 20 years after the central bank raised its daily fixing rate to a near record high and the nation stepped up efforts to increase the Chinese currency's global use.

The yuan strengthened for three consecutive days and closed at a record high of 6.0995 against the US dollar in Shanghai on Wednesday amid the ongoing impasse over US debt talks, China Foreign Exchange Trade System prices showed.

It touched 6.0965 earlier, the strongest level since the government unified the official and market exchange rates at the end of 1993.

The last time the currency traded below 6.1 to the dollar was on Dec 27, 1993, when it was at 5.8245. It weakened to 8.7217 on Jan 6, 1994, after a new exchange rate mechanism was implemented. It has appreciated 43 percent since then. The yuan's moves are restricted to 1 percent on either side of the reference rate set every day by the People's Bank of China, the nation's central bank.

The central parity rate of the yuan against the US dollar advanced four basis points to 6.1408 on Wednesday, according to data from the central bank. The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.

Democratic and Republican leaders in the US Senate could announce a deal soon to extend the government's borrowing authority and quickly re-open federal agencies that have been closed since Oct 1, reported Reuters on Wednesday, citing a Senate aide.

Analysts said the price of the US dollar against the yuan may fluctuate because it will take time for the market to digest both the results of the US debt talks and possible continuous yuan appreciation.

"Many factors are affecting the foreign exchange market at the current time, including decision makers' stands toward the ongoing rising price of the yuan against the US dollar," said Zhou Yunxie, a foreign exchange analyst with Shanghai-based Zhongqing Gold Investment Co.

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 欧美黄网在线 | 国产精品99r8免费视频2022 | 成年人黄页 | 青青操在线视频 | 免费高清欧美一区二区视频 | 在线满18网站观看视频 | 九九在线观看视频 | 亚洲精品一区二区三区不卡 | 午夜伦y4480影院中文字幕 | 国产成人精品日本亚洲麻豆 | 欧美一级毛片俄罗斯 | 久久99国产精品一区二区 | 99精品视频在线视频免费观看 | 亚州va| 国产亚洲精品久久久久久午夜 | 欧美日韩亚洲另类 | 国产欧美日韩视频在线观看 | 美女扒开腿让男人桶爽免费动态图 | a毛片免费观看 | 成人精品国产亚洲欧洲 | 国产成人在线播放 | 欧美高清免费精品国产自 | 国产精品一区在线免费观看 | 老司机午夜精品网站在线观看 | 美一级片 | 成人a毛片久久免费播放 | 一本色道久久综合亚洲精品高清 | 亚洲国产成人精品91久久久 | 久久久久久久网站 | 国产一级做a爰片久久毛片99 | 久在线观看视频 | 成年人网站免费观看 | 欧美三级不卡在线观看视频 | 欧美野外性xxxxfeexxxxx | 好看毛片 | 农村寡妇野外情一级毛片 | 性欧美精品 | 久久精品在现线观看免费15 | 久久女厕一次看个够 | 精品国产_亚洲人成在线高清 | 国产dvd毛片在线视频 |