chinese yuan strengthens to 61181 against us dollar thursday
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Chinese yuan strengthens to 6.1181 against US dollar Thursday

Arab Today, arab today

Arab Today, arab today Chinese yuan strengthens to 6.1181 against US dollar Thursday

Chinese yuan
Beijing - XINHUA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 5 basis points to 6.1181 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

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