2021-05-10 02:51:04 GMT2021-05-10 10:51:04(Beijing Time) Xinhua English
BEIJING, May 10 (Xinhua) China s interbank treasury bond index in net price opened at 983.77 points Monday, lower than the previous close of 983.81 points, according to the China Foreign Exchange Trade System.
The index reflects real-time trading of treasury bonds in China s interbank bond market.
The index opens at 9 a.m. on every workday and is updated every five minutes until closing at 5 p.m. Enditem
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2021-05-07 02:00:57 GMT2021-05-07 10:00:57(Beijing Time) Xinhua English
BEIJING, May 7 (Xinhua) The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 217 pips to 6.4678 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
In China s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Enditem
2021-05-06 04:30:59 GMT2021-05-06 12:30:59(Beijing Time) Xinhua English
BEIJING, May 6 (Xinhua) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 223 pips to 6.4895 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
In China s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Enditem
WITH A FEW taps on her phone, Lu Qingqing, a 24-year-old office worker, leapt into the monetary future. She was one of 50,000 people in the city of Shenzhen selected late last year for a trial of China’s digital currency, officially called eCNY. She downloaded an app, received a gift of 200 yuan ($30) from the government and went shopping for books. The app’s display showed a traditional banknote and her balance, which ran down as she made purchases. “It felt like real money,” she says.
Legally, it is as real as hard cash. All the money in an eCNY app, offered by one of six commercial banks, is backed by an equivalent amount deposited at the People’s Bank of China. Just as the central bank issues and stands behind any paper yuan circulating in China, so does it guarantee eCNY. If, say, the commercial bank that made Ms Lu’s digital wallet went bust, her eCNY linked to her personal-identity number would be transferred to a new wallet.
2021-04-30 01:50:49 GMT2021-04-30 09:50:49(Beijing Time) Xinhua English
BEIJING, April 30 (Xinhua) The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 43 pips to 6.4672 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
In China s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Enditem