The reference rate of the renminbi, or yuan, was fixed at 7.9598 against the greenback yesterday.The rate is set by the central bank each day as the central parity for foreign exchange trade.
The reference rate of the renminbi, or yuan, was fixed at 7.9598 against the greenback yesterday. The rate is set by the central bank each day as the central parity for foreign exchange trade.
The price limiting mechanism (PLM) aims to limit the range of daily fluctuations of stock prices in order to reduce stock market fluctuation and enhance market efficiency.
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8. 头寸的损益情况按当日收盘价计算得出,故变动保证金由清算行或经济商每日收取。
Variable margins are collected by the clearing house daily and the calculation is based on the position's profit and loss from the current day's closing price.