china yuan weakens to 6346 against usd wednesday
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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China Yuan weakens to 6.346 against USD Wednesday

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Arab Today, arab today China Yuan weakens to 6.346 against USD Wednesday

Beijing - QNA

The Chinese currency Renminbi, or the yuan, weakened 58 basis points to 6.346 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 percent from the central parity rate each trading day, according to (Xinhua) news agency. The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

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