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Chinese Yuan weakens to 7.0722 against dollar

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 The central parity rate of the Chinese currency renminbi or the Yuan weakened 424 pips to 7 0722 against the dollar on Tuesday according to the China Foreign Exchange Trade System In China s spot foreign exchange market the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day NewsSourceCredit NAN
Chinese Yuan weakens to 7.0722 against dollar

Foreign Exchange Trade System

The central parity rate of the Chinese currency renminbi, or the Yuan weakened 424 pips to 7.0722 against the dollar on Tuesday, according to the China Foreign Exchange Trade System.

carol tice blogger outreach daily trust nigerian newspaper

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.

daily trust nigerian newspaper

The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.  

daily trust nigerian newspaper

NewsSourceCredit: NAN

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