RIGHT BG
The value of the Chinese currency renminbi, or the yuan, weakened 7 basis points to 6.1694 against the U.S. dollar in its central parity on Wednesday, 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 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 offered by market makers before the opening of the interbank market each business day.
China yuan strengthens to 6.1687 against USD Tuesday
2014-05-27China yuan weakens to 6.1681 against USD Friday
2014-05-23China yuan weakens to 6.1658 against USD Thursday
2014-05-22China yuan weakens to 6.1645 against USD Wednesday
2014-05-21China yuan strengthens to 6.1626 against USD Tuesday
2014-05-20China yuan weakens to 6.1636 against USD on Monday
2014-05-19Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
