Chinese yuan & US Dollar

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 basis points to 6.6971 against the US 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% from the central parity rate each trading day, according to China's (Xinhua) News Agency. 
The central parity rate of the yuan against the US dollar is based on a weighted average of prichttp://en.arabstoday.net/business/arabeconomy/half-a-million-construction-workers-to-benefit-from-midday-breakes offered by market makers before the opening of the interbank market each business day.