China's Yuan Weakens against US Dollar Thursday


(MENAFN- Qatar News Agency) ijing April 10 - The Chinese currency renminbi or yuan weakened 20 basis points to 6.1510 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 2% from the central parity rate each trading day (Xinhua) reported. 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


Qatar News Agency

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