china yuan weakens to 61482 against us dollar
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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China yuan weakens to 6.1482 against US dollar

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Arab Today, arab today China yuan weakens to 6.1482 against US dollar

Beijing - XINHUA

The Chinese currency Renminbi, or the yuan, lost 30 basis points to 6.1482 against the U.S. 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 U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

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