Arab Today, arab today china yuan retreats against us dollar monday
Last Updated : GMT 16:52:01
Arab Today, arab today
Arab Today, arab today

China Yuan retreats against US dollar monday

Arab Today, arab today

Arab Today, arab today China Yuan retreats against US dollar monday

Beijing - QNA

The Chinese currency Renminbi, or yuan, lost 18 basis points to 6.2741 against the US dollar on Monday, according to the China Foreign Exchange Trading System.In China’s foreign exchange spot market, the yuan is allowed to rise or fall by 1% from the central parity rate each trading day, according to China’s (Xinhua) News Agency.The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

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