Currencies
China yuan weakens to 6.1728 against USD Friday
Last Updated: 2013-09-06 09:55 | Xinhua
 Save  Print   E-mail

The Chinese currency Renminbi, or the yuan, retreated 32 basis points to 6.1728 against the U.S. dollar on Friday, 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.

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved