人民网
Fri,Feb 21,2014
English>>Business

Editor's Pick

China yuan weakens to 6.1176 against USD Friday

(Xinhua)    11:15, February 21, 2014
Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

BEIJING, Feb. 21 -- The value of the Chinese currency Renminbi, or the yuan, weakened 30 basis points to 6.1176 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.

In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 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 before the opening of the market each business day.

(Editor:YanMeng、Yao Chun)

Related reading

We Recommend

Most Viewed

Day|Week|Month

Key Words

Links