The reference rate of the renminbi, or yuan, was fixed at 7.9598 against the greenback yesterday. The rate is set by the central bank each day as the central parity forforeign exchange trade.
中央银行昨日公布的人民币兑美元参考汇率为7.9598，此汇率为外汇交易的中间价，由央行每日公布。
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The reference rate of the renminbi, or yuan, was fixed at 7.9598 against the greenback yesterday.The rate is set by the central bank each day as the central parity forforeign exchange trade.
中央银行昨日公布的人民币兑美元参考汇率为7.9598，此汇率为外汇交易的中间价，由央行每日公布。
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The trade surplus pours a steady stream of foreign-currency export earnings into China, funds the central bank buys up in exchange for local currency and holds in its official reserves.