china yuan strengthens to 61320 against us dollar thursday
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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China yuan strengthens to 6.1320 against US dollar Thursday

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Arab Today, arab today China yuan strengthens to 6.1320 against US dollar Thursday

Beijing - XINHUA

The Chinese currency Renminbi, or the yuan, went up 23 basis points to 6.1320 against the U.S. dollar on Thursday, 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 U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

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