Yuan ends at 7.7302 to US dollar vs 7.7217 in OTC trade |
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Mon, 16 Apr 2007 11:30
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BEIJING (XFN-ASIA) - The yuan finished at 7.7302 to the dollar on the over-the-counter (OTC) market, compared to 7.7217 last Friday.On the exchange-traded market, the yuan closed at 7.7293, down from 7.7211 on Friday, a Guangzhou-based trader with a foreign bank said.The yuan traded between 7.7331-7.7212 in the OTC market and 7.7296-7.7224 in the exchange-traded market.The central bank set the yuan central parity rate at 7.7220 to the dollar today, compared with yesterday's 7.7244.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 