The Chinese currency renminbi, or yuan, strengthened 10 basis points to 6.1589 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 2 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 offered by market makers before the opening of the interbank market each business day.
China yuan strengthens to 6.1599 against USD on Wednesday
2014-04-23China yuan weakens to 6.1610 against USD on Tuesday
2014-04-22China yuan weakens to 6.1591 against USD on Monday
2014-04-21China yuan weakens to 6.1586 against USD on Friday
2014-04-18China yuan strengthens to 6.1589 against USD on Thursday
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