China yuan hits post-revaluation high 8.0316 to dollar – AFX

From AFX via Forbes (link)

The Chinese yuan ended at 8.0316 to the US dollar on the exchange-traded market, a record high since the revaluation in July, up from yesterday’s close of 8.0390, traders said.

The central bank set a central parity rate of 8.0286 to the dollar before the start of trading today and the currency was traded at 8.0305-8.0325 to the dollar on the exchange-traded market, according to a Shanghai-based dealer.

The People’s Bank of China (PBoC) allows a trading band of 0.3 pct on either side of the central level.

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