Sunday, 15 July 2007

China Sets Yuan Reference Rate at 7.5681 Versus Dollar, Highest Since 2005

(Bloomberg) -- The People's Bank of China fixed the
reference rate for yuan trading at 7.5681 against the dollar,
the highest since the end of a link to the U.S. currency in July
2005.

The rate compared with the close of 7.5695 on July 13. The
reference rate was set at 10.4296 against the euro and 0.062003
to the yen. The rate was set at 0.96766 versus the Hong Kong
dollar and 15.3935 against the British pound.


Read more at Bloomberg Currencies News

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