Chinese Yuan Weakens to 6.7736 against USD Thursday
Chinese currency
Beijing - QNA
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 31 basis points to 6.7736 against the US dollar Thursday, according to 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, according to China's (Xinhua) News Agency.
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
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China's Yuan Strengthens to 6.8710 against US DollarGMT 21:23 2017 Wednesday ,08 February
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