The People's bank of China announces the exchange rate of Renminbi against major currencies on the basis of the prevailing exchange rates in the inter-bank foreign exchange market.
中国人民银行根据银行间外汇市场形成的价格,公布人民币对主要外币的汇率。
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The RMB exchange rate floating bands remain the same as previously announced in the inter-bank foreign exchange market.
有关方面根据已经公布的外汇市场汇率浮动区间对人民币进行动态管理和调节。
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But regulators around the world suspect that LIBOR (the London inter-bank offered rate), a financial benchmark that is set every day by collating these estimates, has been subject to manipulation.