Live
- Naik reviews drinking water project
- Eureka! 2 young innovators unleash creativity, dish out AI-enabled solutions
- Worst in the country: Air quality hits severe
- ECoR to upgrade overhead electrification
- Only LG can make policy for bus marshals: AAP
- SC halts bulldozer action by States
- Sindhu movers to pre-quarters, Lakshya bows out
- Govt readies AMRUT strategy to choke BRS
- Gambhir is prickly character: Ponting
- Gurpreet backs Manolo, says Asian Cup qualification imp
Chinese yuan edges up to 6.8482 against US dollar
Highlights
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 150 basis points to 68482 against the US dollar on Wednesday, according to the China Foreign Exchange Trade System
Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 150 basis points to 6.8482 against the US dollar on Wednesday, according to the China Foreign Exchange Trade 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, Xinhua news agency reported.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Next Story
ADVERTISEMENT
