Off the wire
• 1st LD Writethru: DPRK's Musudan missile launch fails  • Record fine levied on Bundesliga club Wolfsburg  • International friendly results  • Urgent: DPRK's Musudan missile launch fails  • Kidnapped Mexican footballer escapes  • How the Paralympics are changing Rio  • Dollar in upper 110 yen zone in early Tokyo trading  • Rio cancels Olympic velodrome building contract  • Xinhua world news summary at 0030 GMT, May 31  • YONHAP SAYS DPRK'S MISSILE LAUNCH FAILS  
You are here: 　 Home

Chinese yuan weakens to 6.579 against USD Tuesday

Xinhua, May 31, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 basis points to 6.5790 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. Enditem

(This article is generated by Xinhua News Robo