chinese yuan strengthens to 68865 against usd wednesday
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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Chinese Yuan Strengthens to 6.8865 against USD Wednesday

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleChinese Yuan Strengthens to 6.8865 against USD Wednesday

Chinese currency
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 24 basis points to 6.8865 against the US dollar Wednesday, according to the China Foreign Exchange Trade 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 prices offered by market makers before the opening of the interbank market each business day.

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chinese yuan strengthens to 68865 against usd wednesday chinese yuan strengthens to 68865 against usd wednesday

 



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