China's yuan advances against USD Friday

11:20, April 22, 2011      

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The Chinese currency Renminbi (RMB), or the yuan, on Friday gained 72 basis points from Thursday to 6.5156 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.

Source: Xinhua
 
 
     
 
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(Editor:张茜)

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