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China's Yuan Strengthens to 6.2829 against USD
Apr 26, 2012 10:08Source:SMM
The Chinese currency Renminbi, or the yuan, strengthened by 94 basis points to 6.2829 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
BEIJING, April 26 (Xinhua) -- The Chinese currency Renminbi, or the yuan, strengthened by 94 basis points to 6.2829 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
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.
Chinese yuan against dollar
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