Yesterday, the central parity of RMB against the U.S. dollar broke the 6.76 mark for the first time reported 6.7509 yuan hit a new high since the exchange rate reform, which is the central parity of RMB against the U.S. dollar hitting a new record for the second consecutive day. Since June 19 resumption of the RMB exchange rate formation mechanism reform the yuan appreciate against the dollar since reached 1.1%.

        Central parity of RMB exchange rate against the U.S. dollar yesterday, single-day rise of 116 basis points in the last three trading days, the yuan central parity against the U.S. dollar has appreciated 398 bp. Recently, the U.S. comments on the increasing appreciation of the renminbi. Last week the U.S. Treasury secretary issued a statement to put pressure on the RMB exchange rate. U.S. House Budget Committee this week held three hearings on the RMB exchange rate will assess whether the Chinese yuan's appreciation has made "substantial progress" U.S. Treasury Secretary Timothy Geithner will attend.

        China's economic situation from the view of CPI growth hit a 22-month high of exchange rate appreciation or contain imported inflation, one of the ways to avoid overheating.

        Institute of Finance, the State Council Development Research Center, deputy director of Ba Shusong yesterday in Davos that the current exchange rate closer to a balanced two-way exchange rate fluctuations in the RMB exchange rate showed a slight rise. The future of this track is a continuous operation characteristics. (Suman Li)