Chinese Yuan Weakens to 6.7885 against USD Thursday
Chinese currency
Beijing - QNA
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 53 basis points to 6.7885 against the US dollar on Thursday, 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.
GMT 21:18 2017 Thursday ,16 February
Chinese Yuan Strengthens to 6.8632 Against USD WednesdayGMT 20:33 2017 Wednesday ,15 February
Chinese Yuan Strengthens to 6.8806 against USD TuesdayGMT 21:48 2017 Tuesday ,14 February
Chinese Yuan Weakens to 6.8898 Against USD MondayGMT 21:07 2017 Thursday ,09 February
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