Latest News:  
Beijing   Sunny/Cloudy    15 / 5 ℃  City Forecast

English>>China Business

Yuan spot price hits record high for third day


08:46, November 15, 2012

BEIJING, Nov. 14 (Xinhua) -- The spot price of the yuan against the U.S. dollar rose to 6.2252 to hit a record high for the third consecutive day, according to the China Foreign Exchange Trading System.

The yuan's price against the greenback rose by the 1-percent daily trading limit to 6.2252 soon after trading began Wednesday morning.

It was a record high since the country launched its foreign exchange reforms in 2005, a move aimed to add more flexibility to the yuan's value.

The spot price rose to 6.2262 Tuesday, which had been a record and had followed Monday's high of 6.2920.

The central parity rate of the yuan strengthened 10 basis points to 6.2881 against the U.S. dollar on Wednesday.

【1】 【2】

We recommend:

A Decade of Fastest Development

Eastern Boom Lightens Western Gloom

Oct. data released, inflation slows

Gold collection issued to mark 'Year of Snake'

China: A Fast-growing Force in IPR

13th Int'l Automobile Industry Exhibition

China Int'l Industry Fair opens in Shanghai

Caofeidian coal wharf put into use

Canton Fair wraps up on Sunday


Leave your comment0 comments

  1. Name


Selections for you

  1. China’s J-10 fighters give performances

  2. Daily Review of Airshow China

  3. Sky-gazers gather in N. Australia

  4. 'Gangnam style' life of young rich

  5. Luxurious antique style vessel with 5D cinema

  6. Galaxy Soho building in Beijing

  7. Golden spots for viewing autumn

  8. Giant puppet play pranks with you

Most Popular


  1. Bell Helicopter identifies China as strongest market
  2. RQFII quota expansion to bolster stock market
  3. IPR pirates face tougher prison terms
  4. Why 'Diaosi' gets so popular in China
  5. Reliance on investment should be reduced
  6. Live and let learn
  7. Coddled kids in need of tougher sports
  8. Commentary: Turning point for growth
  9. Airline outlook: Less turbulence, more profit
  10. Playing well with concepts can influence world

What’s happening in China

'Gangnam style' life of young rich in Chongqing

  1. Red Cross to increase transparency over donation
  2. Animals have fun in snow in Changchun
  3. People shun AIDS prevention campaigners
  4. Sexologist calls for dating facilities on campus
  5. Duck snack subway station leaves a bitter taste