Arab Today, arab today yuan hits new high on year\s last trading day
Last Updated : GMT 11:14:58
Arab Today, arab today
Arab Today, arab today

Yuan hits new high on year\'s last trading day

Arab Today, arab today

Arab Today, arab today Yuan hits new high on year\'s last trading day

Beijing - Qna

China\'s currency, the Renminbi, or the yuan, surged 148 basis points to hit a record high of 6.3009 against the U.S. dollar on Friday, the last trading day of 2011.Friday\'s revaluation in the yuan\'s central parity rate sealed the Chinese currency\'s appreciation against the greenback at 4.86 percent this year, according to the China Foreign Exchange Trading System. Calculated in terms of the central parity rate, the yuan has strengthened about 24 percent against the U.S. dollar since China replaced its decade-long link between the yuan and the U.S. dollar and switched to a basket of unspecified currencies, Xinhua news agency reported. The yuan remained strong in 2011 even though a weakening for 12 consecutive trading days in November had once triggered concerns that the Chinese currency might head toward a devaluation cycle.  (QNA)  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yuan hits new high on year\s last trading day Arab Today, arab today yuan hits new high on year\s last trading day

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yuan hits new high on year\s last trading day Arab Today, arab today yuan hits new high on year\s last trading day

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday