China Yuan Rises to 6.1598 against USD Monday-Shanghai Metals Market

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China Yuan Rises to 6.1598 against USD Monday

Industry News 01:03:19PM Jun 17, 2013 Source:SMM

Updated: 2013-06-17 (Xinhua) - The Chinese currency renminbi, or the yuan, advanced 9 basis points to 6.1598 against the US dollar on Monday, 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 US dollar is based on a weighted average of prices before the opening of the market each business day.
 

Price

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Aluminum Ingot
Oct.15
13770.0
-30.0
(-0.22%)
Aluminum Ingot - Fo Shan
Oct.15
13780.0
-20.0
(-0.14%)
Aluminum Ingot - Wu Xi
Oct.15
13790.0
0.0
(0.00%)
Aluminum Ingot - Hang Zhou
Oct.15
13810.0
0.0
(0.00%)
Aluminum Ingot - Chong Qing
Oct.15
13755.0
-15.0
(-0.11%)

China Yuan Rises to 6.1598 against USD Monday

Industry News 01:03:19PM Jun 17, 2013 Source:SMM

Updated: 2013-06-17 (Xinhua) - The Chinese currency renminbi, or the yuan, advanced 9 basis points to 6.1598 against the US dollar on Monday, 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 US dollar is based on a weighted average of prices before the opening of the market each business day.