chinese yuan strengthens to 69435 against usd thursday
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
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Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Chinese Yuan Strengthens to 6.9435 against USD Thursday

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleChinese Yuan Strengthens to 6.9435 against USD Thursday

Chinese currency
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 54 basis points to 6.9435 against the US 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% 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 69435 against usd thursday chinese yuan strengthens to 69435 against usd thursday

 



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