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Home / Metal News / China's Yuan Weakens against USD Monday

China's Yuan Weakens against USD Monday

iconNov 9, 2010 10:14

BEIJING, Nov. 9 -- The central parity rate of renminbi, or China's currency yuan, weakened 82 basis points Monday to 6.6692 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.

At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5-percent each way of the central parity rate.


 

China Foreign Exchange Trading System
dollar
yuan
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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