USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

Chinese yuan strengthens to 6.8588 against US dollar Thursday

Xinhua | Updated: 2017-01-26 14:02

BEIJING - The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 8 basis points to 6.8588 against the US dollar Thursday, 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 US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US