China's Yuan Weakens to 6.6652 against US Dollar Monday
China's Yuan Weakens against US Dollar
Beijing - QNA
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 441 basis points to 6.6652 against the US dollar Monday, (Xinhua) news agency reported citing 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.
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.
GMT 21:18 2017 Thursday ,16 February
Chinese Yuan Strengthens to 6.8632 Against USD WednesdayGMT 20:33 2017 Wednesday ,15 February
Chinese Yuan Strengthens to 6.8806 against USD TuesdayGMT 21:48 2017 Tuesday ,14 February
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