• News
  • Movies
  • Money
  • Health
  • Videos
More
Hero Hero
  • MONEY
  • Money News
  • Stock Market
  • New Products

China's yuan trades lower against US dollar

Feb 11, 2019, 08:10 AM IST
T- T T+

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 414 basis points to 6.7495 against the US dollar on Monday, 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 per cent from the central parity rate each trading day, Xinhua news agency reported.

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

PRINT
EMAIL
COMMENT
 
 
 
  • Tags :
    • economy, business and finance
    • China's yuan trades lower against US dollar
More from this section
sensex
Sensex, Nifty hit record highs; Sensex breaches 44,000
asian
Asian markets sink as pandemic deaths soar
Abu Dhabi bourse closes trading halls amid Covid-19 concerns
Abu Dhabi bourse closes trading halls amid Covid-19 concerns
sensex
Sensex, Nifty hit lower circuit; trading halted for 45 minutes
Sensex
Bloodbath in Equities: Sensex falls 2,400 points, Nifty down 700
News in Videos
News+ Kerala India NRI World Columns Features Offbeat Good News Crime
Leisure Movies & Music Sports Travel Books
Learn Money Education Agriculture
Lifestyle Health Tech Food Astrology
Multimedia Gallery Videos Mojo News News In Pics
Our Network Malayalam Print Mathrubhumi News TV Kappa TV Club FM Seed Silver Bullet FindHome Media School MBIFL Redmic
E-Paper
Subscription
Buy Books
Magazines
Classifieds
Archives
 
  • E-Paper
  • Subscription
  • Buy Books
  • Magazines
  • Classifieds
  • Archives
© Copyright Mathrubhumi 2021. All rights reserved.
About Us Contact Us Privacy Policy
Terms of Use Archives
Download App Classifieds
Buy Books Subscription e-Subscription
 
         
© Copyright Mathrubhumi 2021. All rights reserved.