China's yuan weakens against U.S. dollar Thursday

10:12, March 24, 2011      

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The Chinese currency, or the yuan, on Thursday weakened 24 basis points to 6.5625 per U.S. dollar from Wednesday.

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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