China's yuan weakens to 6.1805 against USD
Updated: 2013-07-01 10:46
(Xinhua)
|
|||||||||||
BEIJING -- The Chinese currency Renminbi, or yuan, weakened 18 basis points to 6.1805 against the US dollar on Monday, 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 US dollar is based on a weighted average of prices before the opening of the market each business day.
Related Stories
HK yuan clearings of LME trades approved 2013-06-25 07:41
Exchange rate reform may take time 2013-05-23 08:17
Yuan exchange rates subject to volatility: OCBC 2013-03-26 20:45
HK injects HK$4.65b to stabilize exchange rate 2012-12-13 09:44
Yuan exchange rate at balanced level: economist 2012-11-19 10:56
Today's Top News
Russia's Putin signs anti-gay measures into law
Fugitive terror suspect nabbed in Xinjiang
New NSA spying allegations rile EU
New exit and entry law effective
Massive debt plagues local gov't
Foreign minister makes ASEAN debut
Ministry drafts child welfare system
'Overseas talent drive requires more guidance'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|