The central parity rate of the Chinese currency renminbi, or the yuan, weakened 230 basis points to 6.7008 against the U.S. dollar Monday, 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, China's News Agency (Xinhua)reported.
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.
GMT 20:52 2016 Thursday ,13 October
Chinese Yuan Weakens to 6.7296 Against USD ThursdayGMT 02:55 2016 Friday ,30 September
Chinese Yuan Weakens to 6.67 against USD ThursdayGMT 13:21 2016 Tuesday ,20 September
Chinese Yuan Strengthens to 6.6595 against USD TuesdayMaintained 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 2023 ©