Reuters Shanghai on June 23 electric China exchange transactions Center RMB against dollars CNY=CFXS is period currency Thursday early disc go soft, detachment yesterday hit of meeting modified yilai highs. in for two days of policy meeting end 後, fed no implied implementation further economic stimulation plan, the results boost has dollars.
' 11:39, RMB is period inquiry reported 6.4684 Yuan, Shang day closing for 6.4629 Yuan, 後 who for meeting modified yilai closed Supreme. today RMB against dollars middle price CNY=PBOC for 6.4736 Yuan, Shang daily 6.4683 Yuan.
Shanghai a foreign line transactions Member said, recent international forex market by various event message factors led, no clear of direction, so is difficult to grasp. but today RMB currency of adjustment undoubtedly and overnight dollars strengthens go shut.
" If from internal view, RMB still is normal of appreciation pace among, also no see has change of signs " , He said.
' 11:40, overseas no principal delivery forward exchange (NDF) CNYNDFOR= market a years period RMB/dollars CNY1YNDFOR= reported in 6.3880/30, Shang day tail disc for 6.379 Yuan. Hong Kong of away from Bank RMB against dollars is period CNH= latest reported 6.4665/95 Yuan, Shang day tail disc reported 6.461 Yuan.
dollars against euro Wednesday appears has five days yilai of first rose, previously United States Federal reserves Council (FED, fed) no implied implementation further economic stimulation plan, despite fed maintained in more long time keep low interest rates of position. dollars index. DXY Thursday in Asia transactions period holding stability. [FRX/CN]
investors on Fed launched new a wheel quantitative loose policy of expected in near several week warming, because from manufacturing and employment market of economic data weak Yu expected, display United States economic are recovery lost kinetic energy. but economic stimulation initiatives on dollars effect negative. also, Greece debt crisis also in continued plagued was euro of performance.
China Central Bank on June 19, 2010 announced heavy Kai meeting modified, enhanced RMB exchange rate elastic, and continues to in accordance with the has announced of Forex market exchange rate floating interval, on RMB exchange rate floating for dynamic management and regulation. but has been said RMB exchange rate not exists substantially fluctuations and changes of Foundation.
