Off the wire
• Interview: Belt and Road Initiative enhances Sino-Greek ties, Greek official  • Employment bucks New Zealand manufacturing growth trend  • Venezuela strengthens cooperation with Brazil on Olympic Games  • Xinhua world news summary at 0030 GMT, March 11  • Tokyo stocks open lower as ECB indicates no further rate cuts  • Finland's Tampere to host 2018 U-20 athletics worlds  • Dollar in upper 112 yen zone in early Tokyo deals  • Dortmund down Tottenham 3-0 in Europa League  • Spanish clubs prevail at Europa League  • China supports UN in pursuing zero-tolerance on UN peacekeepers' misconduct of sexual abuse  
You are here: 　 Home

Chinese yuan strengthens to 6.4905 against USD Friday

Xinhua, March 11, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 222 basis points to 6.4905 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