Arab Today, arab today china yuan retreats to 61720 against us dollar
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

China yuan retreats to 6.1720 against US dollar

Arab Today, arab today

Arab Today, arab today China yuan retreats to 6.1720 against US dollar

Beijing - QNA

The Chinese currency Renminbi, or the yuan, lost 15 basis points to 6.1720 against the U.S. dollar on Wednesday, 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 percent from the central parity rate each trading day, according to 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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