Tag: China Foreign Exchange Trade System

China's yuan rises to 6.8854 against US dollar

China’s yuan rises to 6.8854 against US dollar

Beijing,  The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 54 basis points to 6.8854 against the US dollar Tuesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, yuan is allowed to rise or fall by 2 percent from the[Read More…]

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