Arab Today, arab today china\s yuan falls against usd
Last Updated : GMT 17:37:25
Arab Today, arab today
Arab Today, arab today

China\'s Yuan falls against USD

Arab Today, arab today

Arab Today, arab today China\'s Yuan falls against USD

Beijing - QNA

The Chinese currency Renminbi, or the yuan, lost 36 basis points to 6.3040 against the US dollar on Thursday, the China Foreign Exchange Trading System reported. 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 US dollar is based on a weighted average of prices before the opening of the market each business day.

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