China Yuan Advances to 6.1767 against USD Tuesday-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Zinc
  • Production data
  • Market commentary
  • Macroeconomics
  • Morning comments
  • Futures movement
  • NPI
  • Copper
  • Aluminium
  • Nickel
  • Nickel ore
  • In the United States
  • trade negotiations
  • nickel laterite

China Yuan Advances to 6.1767 against USD Tuesday

Industry News 10:19:22AM Jun 25, 2013 Source:SMM
BEIJING, June 25 -- The Chinese currency Renminbi, or the yuan, gained 40 basis points to 6.1767 against the U.S. dollar on Tuesday, 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.
 
 

Price

more
#1 Refined Cu
Oct.18
46740.0
40.0
(0.09%)
Standard-Grade Copper
Oct.18
46730.0
40.0
(0.09%)
High-Grade Copper
Oct.18
46750.0
45.0
(0.10%)
Guixi copper
Oct.18
46750.0
40.0
(0.09%)
Low-quality copper
Oct.18
46700.0
45.0
(0.10%)

China Yuan Advances to 6.1767 against USD Tuesday

Industry News 10:19:22AM Jun 25, 2013 Source:SMM
BEIJING, June 25 -- The Chinese currency Renminbi, or the yuan, gained 40 basis points to 6.1767 against the U.S. dollar on Tuesday, 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.