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  Last updated : 04 December'08
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China yuan ends at 6.8349 to US dollar vs 6.8280 in OTC trade
 

Beijing (XFN-ASIA) - The yuan finished at 6.8349 against the US dollar on the over-the-counter (OTC) market, down from 6.8280 yesterday. On the exchange-traded market, the yuan closed at 6.8346, down from 6.8278 in the previous session, a Guangzhou-based trader with a foreign bank said.

The yuan traded between 6.8349 and 6.8220 on the OTC market and between 6.8346-6.8319 on the exchange-traded market.

The central bank set the yuan central parity rate at 6.8349 to the dollar this morning, compared with 6.8292 for the previous trading day.

The yuan's daily trading band is currently set at 0.5 pct.

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