The value of the Chinese currency renminbi, or the yuan, strengthened by 34 basis points to 6.1213 against the U.S. dollar in its central parity rate on Thursday, according to the China Foreign Exchange Trading System.
In China's spot foreign exchange 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.
Chinese yuan weakens to 6.1247 against USD Wednesday
2014-12-24Chinese yuan weakens to 6.1230 against USD Tuesday
2014-12-23Chinese yuan weakens to 6.1220 against USD Monday
2014-12-22Chinese yuan weakens to 6.1205 against USD Friday
2014-12-19Chinese yuan weakens to 6.1195 against USD Thursday
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