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Depreciation of the yuan against the US dollar today, the appreciation of the euro and the yen
sourceLena Song
time2017/07/05
Today, the yuan against the US dollar depreciated slightly, the central parity of RMB against the US dollar reported 6.7889, 6.7772 yesterday, the depreciation of 117 basis points.
Today, the RMB exchange rate against the euro rose sharply, the central parity of the RMB exchange rate against the euro 7.7224, 7.7397 yesterday, the appreciation of 173 basis points.
Today, the RMB exchange rate against the yen a substantial appreciation of the RMB against the 100 yen exchange rate quoted at 5.9920, compared with 6.0352 yesterday, the appreciation of 432 basis points.