Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Chinese yuan strengthens to 7.0994 against USD Monday !

Chinese yuan strengthens to 7.0994 against USD Monday

Time:2024-05-08 13:17:11 source:Global Glossary news portal
BEIJING, May 6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 69 pips to 7.0994 against the U.S. dollar Monday, 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.  

(Editor:Liao Yifan)

Related information
  • 'China is behind this': MPs lash out at Beijing over cyber
  • Stranded livestock land in Australia after Red Sea turn
  • Chemo services to remain in Wairoa permanently
  • Donetsk: Deadly blast hits market in Russia
  • Thiago Silva to return to Brazilian club Fluminense after leaving Chelsea at the end of the season
  • Parents 'frustrated' by not knowing how students compare to others nationally
  • Julian Assange too ill to attend as court hears of 'breathtaking' plot to poison him
  • Treaty referendum among issues raised with government at Waitangi
Recommended content
  • South China's Boao sees thriving homestay industry
  • Nairobi fire: At least 29 injured in Kenya gas plant explosion
  • 'Unusually cool March': Cold but clear weather for Easter weekend
  • In China, a factory is turning old wedding photographs into fuel
  • Boeing's first astronaut launch is off until late next week to replace a bad rocket valve
  • Jimmy Lai provided HK$1.5 million loan to activists, court hears