国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

RMB exchange rate down 387 points in three days

(chinadaily.com.cn)
Updated: 2007-06-12 17:08

During the last three trading days, the daily benchmark, or the central parity rate of renminbi (RMB) against US dollar, dropped 387 basis points.

The daily benchmark hit the highest of 7.6398 yuan on June 6. But it was reported at 7.6502, 7.6656, and 7.6785 respectively on June 7, 8 and 11.

Related readings:
 China should limit pace of yuan rise - expert
 Yuan hits new high against US dollar Forcing fast RMB rise will be lose-lose situation
 
Wu: Large yuan appreciation would hurt China

Zhang Yujie, a foreign exchange dealer with Industrial Bank's capital operation center, said the RMB exchange rate against the US dollar hovered around 7.67 yesterday.

The second round of the China-US Strategic Economic Dialogue led to the continuous appreciation of the RMB against the US dollar in May. So after the conclusion of the dialogue, the recent depreciation of RMB is not surprising, Zhang added.

Ye Yaoting, a foreign exchange analyst from Bank of Communications, attributed the rapid RMB depreciation to the US dollar's rising value in the global market.

A dealer from a foreign-funded bank indicated that China's big trade surplus and rising consumer price index (CPI) in May are expected to back up the current level of the RMB exchange rate.

In May, China-US trade surplus surged to US$22.45 billion, up 33 percent from April’s US$16.88 billion. Furthermore the CPI in May increased 3.4 percent year-on-year, which may lead to the anticipation of an interest rate rise.


(For more biz stories, please visit Industry Updates)



定襄县| 密山市| 安图县| 宿州市| 德安县| 宜兴市| 长宁区| 邢台县| 神木县| 巴塘县| 湖南省| 诸暨市| 寻甸| 岚皋县| 广东省| 于都县| 宁河县| 安宁市| 颍上县| 塔城市| 荣成市| 沙河市| 威远县| 蛟河市| 普安县| 苏州市| 思南县| 图们市| 昭通市| 扎兰屯市| 玉门市| 建宁县| 浪卡子县| 宝应县| 长顺县| 五寨县| 益阳市| 延长县| 绥中县| 栖霞市| 铜梁县|