Markets > Currencies

Chinese yuan weakens to 6.912 against USD Friday

Xinhua Financein ​BEIJING
2018-10-12 09:55

Already collect

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 22 basis points to 6.9120 against the U.S. dollar Friday, 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.

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.
Add comments

Latest comments

Latest News
News Most Viewed