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The central parity of the RMB against the USdollar fell below the 6.80 mark

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on:2016-11-14
According to the China Foreign Exchange Trade Center, the latest data show that November 11, the central parity of the RMB against the US dollar reported 6.8115 yuan, compared with November 10, a substantial reduction of 230 basis points for six consecutive trading down, below the 6.80 mark.

The People's Bank of China authorized China Foreign Exchange Trade Center announced November 11, 2016 inter-bank foreign exchange market, the central parity of the RMB exchange rate: 1 US dollar against 6.8115 yuan, 1 euro to 7.4071 yuan, 100 yen to 6.3718 yuan, For the RMB 0.87821 yuan, one pound against the RMB 8.5411 yuan, one Australian dollar to RMB 5.1809 yuan, one New Zealand dollar to RMB 4.9084 yuan, one Singapore dollar to RMB 4.8227 yuan, one Swiss franc to RMB 6.8971 yuan, one Canadian dollar to RMB 5.0463 RMB 1 to 0.63054 Ringgit, RMB 1 to 9.6307 Russian ruble, RMB 1 to 2.0689 South African rand, RMB 1 to 170.52, RMB 1 to 0.53923, RMB 1 to 0.55060 Yar.

This might not be a good news for the people in China who want to go abroad. However, this might be a good news for our customers in USA, they could buy the same goods with less money. As a professional international trader in China. We specialized in disposable nonwoven medical protective products. We could ensure the price validity no matter what happened during these time period. We are one of the best China disposable protective clothing suppliers and China disposable medical face mask suppliers.