china yuan advances to 61475 against us dollar
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China yuan advances to 61475 against US dollar

Arab Today, arab today

Arab Today, arab today China yuan advances to 61475 against US dollar

Beijing - XINHUA

The Chinese currency Renminbi, or the yuan, gained 82 basis points to 6.1475 against the US dollar on Monday, 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. 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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