Off the wire
• Chinese shares open lower Tuesday  • World not winning battle against climate change: Australian chief scientist  • New Zealand aims at speedy visa delivery for growing Chinese tourists  • 2nd LD Writethru: DPRK's top leader says nuclear warhead explosion test to be conducted "in short time"  • Commentary: Domination of U.S. credit rating agencies should be called into question  • Tokyo stocks open down as investors eye outcome of BOJ meeting  • "Lazy" Australians aren't bothering to learn Chinese language: expert  • Portuguese soccer league results/standings  • Xinhua world news summary at 0030 GMT, March 15  • Dollar moves in upper 113 yen range in early deals in Tokyo  
You are here: 　 Home

Chinese yuan weakens to 6.5079 against USD Tuesday

Xinhua, March 15, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 166 basis points to 6.5079 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