Source: Xinhua
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 6.5598 against the U.S. dollar Wednesday, 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
Contact: Malinda Huang
Phone: 0086 574 81859815
E-mail: Malinda@kvj.cn
Add: Xindian Road, Haishu, Ningbo, China
KVJ Sales