Off the wire
• Oil price drop holds down New Zealand producer prices  • Police narrowly miss catching intruders into Austrian parliament  • Urgent: UN Secretary General expresses hope to visit DPRK  • Australian bikie gang member exiled after government cancels re-entry visa  • Australian man manages to fight off giant crocodile  • Dollar changes hands at upper 119 yen range in early Tokyo deals  • Tokyo shares open higher following strong U.S. performance  • Chinese company officially buys French Ligue 2 club Sochaux (updated)  • Down-syndrome boy's Australian father attempts access to charity money  • 2nd LD Writethru: Chinese premier arrives in Brazil for official visit  
You are here: 　 Home

Chinese yuan weakens to 6.1098 against USD Tuesday

Xinhua, May 19, 2015 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 19 basis points to 6.1098 against the U.S. dollar on Tuesday, 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