Yuan ends at 7.7739 to dollar vs 7.7710 in OTC trade |
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Fri, 19 Jan 2007 11:05
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BEIJING (XFN-ASIA) - The yuan finished at 7.7739 to the dollar in the over-the-counter (OTC) market today, compared with a record level of 7.7710 yesterday.In the exchange-traded market, the yuan finished at 7.7740 to the dollar, compared with Thursday's 7.7705, a Guangzhou-based dealer said.The currency traded between 7.7764-7.7732 in the OTC market, and between 7.7752-7.7731 in the exchange-traded market.The central bank today set the central parity rate at 7.7788 to dollar compared with 7.7758 yesterday.The People's Bank of China allows a trading band of 0.3 pct on either side of the midpoint.juan.chen@xfn.com
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Yuan ends at new high of 7.7710 to dollar vs 7.7740 in OTC trade 