chinas yuan weakens to 68904 against us dollar wednesday
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China's Yuan Weakens to 6.8904 against US Dollar Wednesday

Arab Today, arab today

Arab Today, arab today China's Yuan Weakens to 6.8904 against US Dollar Wednesday

Chinese currency
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 125 basis points to 6.8904 against the U.S. dollar Wednesday, (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.

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chinas yuan weakens to 68904 against us dollar wednesday chinas yuan weakens to 68904 against us dollar wednesday

 



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