403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Chinese Yuan Weakens to 6.1420 Against USD
(MENAFN- Qatar News Agency) Beijing November 24 (QNA) - The value of the Chinese currency renminbi or the yuan weakened by 33 basis points to 6.1420 against the U.S. dollar in its central parity rate on Monday 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 percent from the central parity rate each trading day according to China's News Agency (Xinhua).
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (QNA)
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 according to China's News Agency (Xinhua).
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (QNA)
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.
Most popular stories
Market Research
Comments
No comment