Off the wire
• Chinese shares open lower Tuesday  • 285 killed, 1,073 injured during Myanmar's water festival  • Teenage girl killed by shark in Western Australia  • Aussie boy contracts rare Hepatitis E from donated blood  • Australian boy in critical condition after falling off carnival ride  • Tokyo stocks open higher after Wall St.'s strong tone, weak yen adds support  • Aussie dollar stronger against greenback, driven by Chinese economic expansion  • Dollar trades in lower 109 range in early deals in Tokyo  • Xinhua world news summary at 0030 GMT, April 18  • Exercise devised to boost completion rates of some online learning courses: study  
You are here: 　 Home

Chinese yuan weakens to 6.8849 against USD Tuesday

Xinhua, April 18, 2017 Adjust font size:

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 64 basis points to 6.8849 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade 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