The Chinese currency Renminbi, or the yuan, strengthened 18 basis points to 6.1325 against the U.S. dollar on Friday, 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.
China yuan weakens to 6.1343 against USD on Thursday
2013-11-28China yuan strengthens to 6.1330 against USD Wednesday
2013-11-27China yuan weakens to 6.1357 against USD on Tuesday
2013-11-26China yuan strengthens to 6.1342 against USD on Monday
2013-11-25Chinese yuan weakens to 6.1380 against USD on Friday
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