RMB's exchange rate against US dollar is high

Source: Internet
Author: User
Keywords High innovation RMB dollar exchange rate
The yuan's new record against the dollar comes from the latest data from China's foreign exchange trading center, which showed a 6.5891 per cent median exchange rate against the dollar on January 18, hitting a new high since the exchange. The PBOC authorized the China Foreign Exchange trading Center to announce that January 18, 2011, the inter-bank Foreign exchange market RMB exchange rate is as follows: 1 USD to RMB 6.5891, 1 euros to RMB 8.7362 yuan, 100 yen to Rmb 7.9646 yuan, 1 Hong Kong dollar to RMB 0.84733 yuan,  1 pounds against RMB 10.4786, RMB 1 to 0.46384 ringgit, RMB 1 to 4.5488 Russian rouble.  In the previous session, the renminbi had a median price of 6.5897 against the dollar. In Monday, the United States was closed for holidays, international exchange traded relatively light, the dollar rebounded slightly, the European currency trend differentiation.
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