The central parity rate of the Chinese currency renminbi, or the yuan, weakened 224 basis points to 6.4803 against the U.S. dollar Thursday, according to the China Foreign Exchange Trading System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Xinhua news agency reported.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day
GMT 21:18 2017 Thursday ,16 February
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China's Yuan Weakens to 6.8849 against US Dollar WednesdayMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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