The dollar / yuan a high price driven, the U.S. dollar against the RMB exchange market in early trading higher Request to 6.8407, at 6.8318 Thursday.
Friday dollars / official price was 6.8423 yuan, representing a Thursday rose 35 basis points; price of 6.8388 Thursday.
A local bank in Shanghai, traders said the dollar rose in overnight, the higher price today, but the increase than expected.
He pointed out that the recent exchange rate has been volatile in a narrow range, so today in such a high price for surprises; unclear at present the central bank%26#39;s intention, and the next few days how the central bank to guide the RMB exchange rate movements are difficult to guess .
He is expected today in the U.S. dollar will run between 6.8400-6.8500 yuan.
8/02/2008
Dollar / yuan cash market higher Friday morning
Tags：
forex charting,
pr8 forex
Subscribe to:
Post Comments (Atom)
0 Forex Comments:
Post a Comment