Yuan Spikes Up To More Than 4-month High Versus U.S. Dollar

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Yuan Spikes Up To More Than 4-month High Versus U.S. Dollar

During the Asian session on Thursday, the Chinese yuan strengthened against the U.S. currency. The yuan advanced to 6.2961 per dollar for the first time since May 11. On the upside, the yuan may break 6.29 level. The greenback-yuan pair ended yesterday's deals at 6.3108.
The People's Bank of China set today's central parity rate for the yuan at 6.3380 per dollar, compared to Wednesday's daily reference rate of 6.3392. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 1 % from the level.

Yuan Spikes Up To More Than 4-month High Versus U.S. Dollar Forex-news_en

Yuan Spikes Up To More Than 4-month High Versus U.S. Dollar Forex-news_en

Yuan Spikes Up To More Than 4-month High Versus U.S. Dollar Instaforex_mb_760x151_en

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