Off the wire
• Xinhua China news advisory -- Aug. 1  • Australians lose billions of dollars on slot machines: report  • China treasury bond futures open mixed Monday  • China Hushen 300 index futures open mixed Monday  • Chinese shares open lower Monday  • Int'l automobile expo to be held in Vietnam's HCM City  • Urgent: China's July PMI slightly down to 49.9  • Dominic Stevens appointed as ASX new CEO  • Xinhua World News Summary at 0030 GMT, August 1  • Tokyo shares open lower on disappointing U.S. economic data  
You are here: 　 Home

Chinese yuan strengthens to 6.6277 against USD Monday

Xinhua, August 1, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 234 basis points to 6.6277 against the U.S. dollar Monday, 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