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Yuan mid-point set at 6.8100

06-24-2010 13:46 BJT

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China's central bank on Thursday set the yuan's daily mid-point at 6.8100 against the U.S. dollar, little changed from the previous session.

On Wednesday, the mid point was 6.8102, and the yuan closed slightly weaker at 6.8124. Earlier this week, the yuan jumped to a post-revaluation high of 6.7900 versus the dollar, but then pulled back sharply.

China announced over the weekend it would push forward reform of the Renminbi exchange rate to make it more flexible, but ruled out a one-off revaluation.

Editor:Xiong Qu |Source:

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