China’s yuan weakens to 6.1684 against US dollar

GMT 09:13 2014 Tuesday ,02 September

Arab Today, arab today China’s yuan weakens to 6.1684 against US dollar

Chinese currency renminbi (the yuan)
Beijing - QNA

The value of the Chinese currency renminbi (the yuan) retreated 4 basis points to 6.1684 against the U.S. dollar in its central parity on Tuesday, according to the China Foreign Exchange Trading System.
In China’s foreign exchange spot market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Chinese news agency Xinhua reported.
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.


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