(MENAFN- Qatar News Agency) The Chinese currency Renminbi, or the yuan, weakened 60 basis points to 6.1065 against the US dollar on Thursday, 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% 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 before the opening of the market each business da
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.