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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
Source:SMM

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

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