金融英语阅读：RMB strengthens 90 bps against USD
September 9, The central parity rate of China’s Renminbi (RMB), strengthened 90 basis points (bps) to 6.7817 per U.S. dollar Thursday from 6.7907 per U.S. dollar Wednesday, according to the data released by the China Foreign Exchange Trading System.The central parity rate of RMB advanced to a record high 6.7715 against U.S. dollar on August 4 since the reform.
China's central bank announced on June 19 this year that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.
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