HomeBusinessMoney TalksChinese Yuan strengthens 7.1201 against dollar

Chinese Yuan strengthens 7.1201 against dollar

Date:

Related stories

Dollar to Naira Exchange Rate: November 19, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Dollar to Naira Exchange Rate: November 18, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Dollar to Naira Exchange Rate: November 15, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Dollar to Naira Exchange Rate: November 14, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Dollar to Naira Exchange Rate: November 9, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...
spot_img

The central parity rate of the Chinese currency renminbi, or yuan, strengthened 88 pips to 7.1201 against the dollar on Monday, 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.

(Xinhua/NAN) 

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here