Off the wire
• Global generation needs tripartite business platform: New Zealand minister  • Interview: New Zealand business gaining greater understanding of China: minister  • Tokyo shares open higher on weaker yen, U.S. gains  • Xinhua world news summary at 0100 GMT, May 17  • Chinese property buyers look to U.S. instead of Australia: report  • Dollar just above 109-yen line in early Tokyo trading  • Rio 2016: Moody's predicts positive short-term incentives in Brazil's economy after Olympics  • Sebastian Coe: Rio spirit to 'absorb' Olympics  • Ex-Portugal coach Bento vows discipline at new club Cruzeiro  • Canadian PM to introduce transgender rights bill  
You are here: 　 Home

Chinese yuan strengthens to 6.5200 against USD

Xinhua, May 17, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 143 basis points to 6.5200 against the U.S. dollar 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