日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Chinese yuan extends rally, hits 10-month high against USD

Xinhua | Updated: 2017-08-11 10:58

BEIJING - Chinese yuan extended its rally Friday, with its central parity rate strengthening by 128 basis points to 6.6642 against the U.S. dollar, the highest level in more than 10 months.

The adjustment came after a rise of 305 basis points Thursday and a rise of 109 basis points Wednesday, according to China Foreign Exchange Trade System.

Both onshore and offshore yuan rates have been rising against a continuously falling dollar, since late May this year. By some estimates, the yuan has strengthened by nearly 3,000 basis points since the beginning of this year.

A weaker dollar, coupled with stronger economic fundamentals, contributed to the rally, analysts said.

According to Xie Yaxuan, an analyst with China Merchants Securities, the U.S. dollar index, a measure of the value of the dollar against a basket of foreign currencies, has dropped nearly 10 percent since the beginning of this year, contributing to a relative rise of the Chinese currency.

The yuan is also supported by economic data with restructuring providing fresh signs of stabilization for the economy, said analysts.

China's economy expanded 6.9 percent on H1, with consumption and services, together with new innovation-driven economic sectors, taking larger roles in the economy.

The People's Bank of China said Monday that foreign exchange reserves rose for a sixth month in July to hit 3.1 trillion U.S. dollars, increasing 23.9 billion U.S. dollars from a month earlier.

It is the first time since June 2014 that reserves have expanded for six straight months.

According to Wang Chunying, an official with the State Administration of Foreign Exchange, cross-border capital flow has stabilized in H1, and the supply and demand in the foreign exchange market has reached the most balanced level in about three years.

Under the market-based, managed floating exchange rate system, the yuan can rise or fall by 2 percent against the U.S. dollar from the central parity rate each trading day.

The central parity rate is a weighted average of quotes from dealer banks, and follows a formula based on the previous day's closing rate and changes in a basket of selected currencies.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 日韩亚洲天堂 | 色网站入口 | 成人深夜网站 | 日韩精品中文字幕一区二区 | 在线观看成人免费视频 | 日韩国产欧美一区二区三区 | 色影音| 都市激情自拍偷拍 | 日韩国产精品一区二区 | 亚洲天堂免费 | 国产视频aaa | 欧美一级性 | 欧美日韩aaa | 毛片视频免费 | 欧美黑人狂野猛交老妇 | 激情综合图区 | 潘金莲一级淫片aaaaaa播放1 | 中文字幕在线播放不卡 | 成人在线手机视频 | 99亚洲欲妇 | 精品九九九 | 免费视频国产 | 国产日韩欧美另类 | 99久久99久久精品国产片果冻 | 国产精品久久久久久亚洲影视 | 特级西西人体444www高清大胆 | 亚洲色图欧美视频 | 日韩在线中文 | 久久精品一区 | 午夜免费体验 | 91日韩精品 | 欧美成人精品欧美一级私黄 | 国产精品男女 | 91毛片网站 | 一级黄色在线观看 | 欧美日韩中文字幕在线 | 福利一区福利二区 | 在线观看的av网址 | 免费网站91 | 成年午夜视频 | 超级碰在线 |