文档介绍：人民币对美元汇率创新高
Yuan hits new high against greenback.
China”s currency, the yuan, on Wednesday hit a new high agains
人民币对美元汇率创新高
Yuan hits new high against greenback.
China”s currency, the yuan, on Wednesday hit a new high against the US dollar for the second consecutive day after more than one month of downward adjustment, according to the Chinese Foreign Exchange Trading System.
The central parity rate of the yuan, also known as Renminbi （RMB）, stood at yuan to one US dollar on Wednesday, gaining 40 basis points from Tuesday”s reference rate of to the greenback.
It is the 56th time since the beginning of this year that RMB reached a new high against the US dollar. It climbed 2,582 basis points, or percent, from yuan to one US dollar posted on the last trading day of 2022.
Compared with the same period of last year, the yuan was revalued percent higher.
The accumulative appreciation since July 21, 2022, when China discontinued yuan”s peg to the greenback, has reached percent.
Market observers said the more-than-one-month-long downward adjustment of the Chinese currency was due partly to appreciation of the US dollar, as investors turned to safer US-dollar-denominate