Foreign Exchange Trade System

China's Yuan Strengthens to 6.8710 against US Dollar

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 139 basis points to 6.8710 against the US dollar Thursday, (Xinhua) reported citing 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. The central parity rateRead more

Chinese Yuan Weakens to 6.8596 against USD Wednesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 265 basis points to 6.8596 against the US dollar on 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, state news agency (Xinhua)Read more

Chinese Yuan Strengthens to 6.8575 Against USD Tuesday

Beijing - QNA

The Chinese currency, the renminbi or the yuan, on Tuesday appreciated against the US dollar to its highest level in three weeks, China's News Agency (Xinhua) reported. The central parity rate of the yuan strengthened 295 basis points to 6.8575 against the greenback, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan isRead more

Chinese Yuan Weakens to 6.8958 against USD Thursday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 93 basis points to 6.8958 against the US dollar 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)Read more

China weakens yuan-dollar rate beyond landmark 6.8 level

Shanghai - Arab Today

China weakened the yuan’s reference rate to beyond 6.8 to the dollar for the first time in more than six years Friday as the greenback rebounded strongly, with analysts warning the unit could drop further. The People’s Bank of China set the value of the yuan — also known as the renminbi — at 6.8115 to the greenback, down 0.34Read more

Chinese Yuan Weakens to 6.7885 against USD Thursday

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'sRead more