Off the wire
Roundup: European leaders agree to create energy union  • Tokyo shares open lower after recent rallies  • Roundup: Sanctions over Ukraine crisis linked to Minsk deal implementation: EU  • Gold price opens higher in Hong Kong  • Dollar trades at upper 120 yen level in early Tokyo deals  • Dnipro eliminate Ajax from Europa League after extra time  • "Circular economy" to create new jobs in Croatia: environment minister  • 1st LD Writethru: Ex-Australian PM Malcom Fraser dies  • Portugual reimburses IMF 6.6 bln euros early  • Xinhua world news summary at 0030 GMT, March 20  
You are here:   Home

Chinese yuan weakens to 6.1496 against USD Friday

Xinhua, March 20, 2015 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 36 basis points to 6.1496 against the U.S. dollar on Friday, 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. Endi