News on the morning of May 8, 2013 said that the Chinese currency trading center authorized for announcing the central parity of the U.S. dollar against RMB 6.1980, central parity of RMB against the U.S. dollar rised sharply by 103 points, firstly exceeded the 6.2 customs and then earned a new high record again since the foreign exchange reform, the central parity of RMB against HKD firstly exceeded 0.8, at 0.79859.

Yesterday the central parity rate of U.S. dollar against RMB at 6.2082, the inter-bank inquiry system to the closing quotation of U.S. dollar against the RMB at 6.1538 and earned a new high record. The reason behind the recent continued appreciation of RMB is very complex, having had a significant impact on our business and living.

                                                                      XINSTEEL NEWS