Off the wire
• Venezuela, Saudi Arabia, Russia, Qatar agree to freeze oil production  • Nepalese PM donates one month salary for rebuilding of capital's landmark  • OCBC Bank's net profit up 13 pct in 2015  • WTA Dubai Tennis Championships results  • Dollar in lower 114 yen zone in early deals in Tokyo  • Zheng's victory series broken at Dubai Tennis open (updated)  • Tokyo stocks rise after Wall Street's rally  • Xinhua world news summary at 0030 GMT, Feb.17  • China's Ding Junhui reaches third round at Welsh Open  • Thomaz Bellucci loses in Rio Open first round  
You are here: 　 Home

Chinese yuan weakens to 6.5237 against USD Wednesday

Xinhua, February 17, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 107 basis points to 6.5237 against the U.S. dollar on Wednesday, 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