China s benchmark interbank gold prices higher Wednesday
Xinhua
07 Jul 2021, 13:44 GMT+10
BEIJING, July 7 (Xinhua) China s benchmark prices for spot interbank gold transactions were higher Wednesday, according to the China Foreign Exchange Trade System. The benchmark price for gold of 99.95 percent pure or above stood at 375.4 yuan (about 57.97 U.S. dollars) per gram, up 3.35 yuan from the previous trading day, and that for gold of 99.99 percent pure or above went up 3.49 yuan to 375.99 yuan per gram. Spot transaction prices on the interbank price inquiry market are allowed to rise or fall within 15 percent from the benchmark prices each trading day. The interbank gold price inquiry business was introduced in 2012 to enhance market liquidity and enrich trading models.
2021-07-05 02:00:56 GMT2021-07-05 10:00:56(Beijing Time)
BEIJING, July 5 (Xinhua) The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 17 pips to 6.4695 against the U.S. dollar Monday, 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
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