chinese yuan weakens to 66594 against usd tuesday
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Chinese Yuan Weakens to 6.6594 against USD Tuesday

Arab Today, arab today

Arab Today, arab today Chinese Yuan Weakens to 6.6594 against USD Tuesday

Chinese currency renminbi, or the yuan
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 122 basis points to 6.6594 against the U.S. dollar Tuesday, 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, according to China's (Xinhua) News Agency. 
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.

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