|
China's inter-bank foreign exchange transactions volume amounted to US$10.44 billion in May, with the daily trade volume hitting US$549 million.
The daily transactions volume was 36 percent higher than the figure for the previous month and 63.7 percent higher than the figure for the same month last year, according to statistics from the Shanghai-based China Foreign Exchange Center.
The total trade volume included 10.202 billion US dollars, 1.091 billion Hong Kong dollars, 37 million euros and 6.422 billion Japanese yen.
The weighted average exchange rate of the US dollar closed at 8.2768 yuan at the end of May, with that of the HK dollar and euro standing at 1.0611 yuan and 9.8624 yuan respectively. The yuan-yen rate closed at 6.9904 at the end of the month.
(Xinhua News Agency June 11, 2003)
|
