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• China Hushen 300 index futures open lower Wednesday  • China treasury bond futures open mixed Wednesday  • Market exchange rates in China -- December 14  • Chinese shares open lower Wednesday  • S.Korean manufacturers cut jobs for 5th month on restructuring  • Australia to have "too many" doctors by 2030 despite shortage in rural areas: gov't  • Tokyo shares open flat awaiting Fed meeting results  • U.S. Military required to suspend Osprey flights in Japan's Okinawa following accident  • Dollar changes hands in lower 115 yen zone in early Tokyo trading  • Xinhua world news summary at 0030 GMT, Dec. 14  
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Chinese yuan weakens to 6.9028 against USD Wednesday

Xinhua, December 14, 2016 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 94 basis points to 6.9028 against the U.S. dollar Wednesday, 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