Arab Today, arab today chinese yuan weakens to 65216 against usd wednesday
Last Updated : GMT 11:29:33
Arab Today, arab today
Arab Today, arab today

Chinese Yuan weakens to 6.5216 against USD Wednesday

Arab Today, arab today

Arab Today, arab today Chinese Yuan weakens to 6.5216 against USD Wednesday

yuan & US dollar
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 16 basis points to 6.5216 against the US dollar Wednesday, 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% 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 offered by market makers before the opening of the interbank market each business day.

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