Chinese yuan strengthens to 7.1688 against USD Monday
BEIJING, March 17 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 50 pips to 7.1688 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
(Editor:Liao Yifan)