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China Yuan Rises to 6.1598 against USD Monday
Jun 17,2013 13:03CST
industry news
Source:SMM
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.

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.
 

yuan against USD Jnue 17

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