Forex Trading, The central parity of RMB/USD in interbank foreign exchange (forex) market yesterday was 6.7799, on the basis of hitting the new record high for three week by 6.7838; it increased 39 basis points and being close to the highest point by 6.7768 on 11th August and hit the record high of one month.
The foreign exchange (forex) dealer of a bank in East of China stated that if in accordance with a basket of currency trend, the EUR dropped while the USD increased, RMB, with logical thinking, should decline, however, the central parity of RMB/USD in interbank foreign exchange (forex) market increased.
The forex dealer also said that during the time of America officials visiting China, the uncertainty of the RMB forexrate trend make the forex investors keep cautious attitude.The businesses in foreign exchange (forex) market were weak.
—-Forex news from Forex Trading
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