China's yuan weakens against USD Monday

0 CommentsPrint E-mail Xinhua, April 25, 2011
Adjust font size:

The Chinese currency Renminbi (RMB), or the yuan, on Monday lost 5 basis points from Friday to 6.5161 per U.S. dollar.

On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.

The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter