Chinese Yuan Strengthens to Highest since May 2016

Published: Sep 8, 2017 10:37

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The central parity rate of Chinese yuan has hit the highest level since May 12, 2016 against the US dollar.

SHANGHAI, Sept. 8 (SMM) – The central parity rate of Chinese yuan has hit the highest level since May 12, 2016 against the US dollar.

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The central parity rate climbed from 6.5269 in previous day to 6.5032 on Friday.

Yuan’s exchange rate against US dollar closed at 6.4972 and 6.4850, respectively, during day-time and night sessions of previous day.

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