Yuan ends at 7.7350 to US dollar vs 7.7340 in OTC trade |
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Tue, 10 Apr 2007 11:09
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BEIJING (XFN-ASIA) - The yuan finished at 7.7350 to the dollar on the over-the-counter (OTC) market, compared with a close of 7.7340 on Monday.On the exchange-traded market, the yuan closed at 7.7352, down from 7.7328 yesterday, a Guangzhou-based trader with a foreign bank said.The yuan traded between 7.7367-7.7286 in the OTC market and 7.7357-7.7289 in the exchange-traded market.The central bank set the yuan central parity rate at 7.7304 to dollar to the dollar today, compared with the previous trading day's 7.7290.The People's Bank of China allows a trading band of 0.3 pct on either side of the midpoint.derek.jiang@xfn.com
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Yuan ends at 7.7340 to US dollar vs 7.7302 in OTC trade 