Related News
China's yuan weakens to 6.296 against USD
Source: Xinhua |
April 16, 2012, Monday
|
Online Edition
Online Edition
THE Chinese currency Renminbi, or the yuan, weakened by 81 basis points to 6.296 against the US dollar today, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan stood at 6.2879 against per US dollar on the previous trading day.
The fall of yuan's central parity rate today came after the People's Bank of China (PBOC), the country's central bank, announced Saturday it would widen the yuan's trading band against the US dollar to 1 percent starting today.
Previously, the daily trading limit was set at 0.5 percent.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.
The central parity rate of the yuan stood at 6.2879 against per US dollar on the previous trading day.
The fall of yuan's central parity rate today came after the People's Bank of China (PBOC), the country's central bank, announced Saturday it would widen the yuan's trading band against the US dollar to 1 percent starting today.
Previously, the daily trading limit was set at 0.5 percent.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
