Metals News
China's Yuan Strengthens to 6.2752 against USD Friday
industry news
10:03AM
Source:SMM

BEIJING, Jan. 18 (Xinhua) -- The Chinese currency Renminbi, or yuan, strengthened 15 basis points to 6.2752 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.
 

China yuan
US dollar
China Foreign Exchange Trading System
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data