Chinese yuan strengthens to 6.9762 against USD Tuesday

EYEAFRICA TV: Beijing, China: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 43 pips to 6.9762 against the U.S. dollar Tuesday, 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.

0 0 vote
Article Rating

SHARE ON

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Related Posts

Eye Africa TV
0
Would love your thoughts, please comment.x
()
x
Scroll to Top