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<a href="http://www.accessmylibrary.com/coms2/summary_0286-35984436_ITM" title="Facts and information about China yuan central parity rate set at 6.8505 to dollar vs 6.8349.">China yuan central parity rate set at 6.8505 to dollar vs 6.8349.</a>
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China yuan central parity rate set at 6.8505 to dollar vs 6.8349.
(From AFX Europe (Focus))
BEIJING (XFN-ASIA) - The central bank has set the yuan central parity rate at 6.8505 to the dollar, according to the China Foreign Exchange Trading System.
The rate, published on the official Chinamoney website (www.chinamoney.com.cn), compares with the midpoint of 6.8349 set the previous trading day.
The People's Bank of China (PBoC) started setting a daily central parity rate on Jan 4, 2006.
On July 21, 2005, China freed the yuan from its long-standing peg ...
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