Off the wire
• Schalke's Atsuto Uchida out for the rest of the season  • Chinese shares open mixed Wednesday  • S.Korea posts 7.06 bln USD current account surplus in January  • Italian Cup soccer result  • AFC Champions League results  • Xinhua world news summary at 0030, March 2  • Tokyo shares open higher on upbeat U.S. market, yen's retreat  • Dollar in upper 113 yen zone in early Tokyo trading  • Spanish La Liga standings  • Cost of Australian natural disasters to treble by 2050: report  
You are here: 　 Home

Chinese yuan weakens to 6.5490 against USD Wednesday

Xinhua, March 2, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 105 basis points to 6.5490 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