Latest News:  
Beijing   Light rain/Overcast    15 / 8   City Forecast

Home>>China Business

China's yuan weakens against USD Tuesday

(Xinhua)

10:11, November 01, 2011

BEIJING, Nov. 1 (Xinhua) -- The Chinese currency Renminbi, or the yuan, weakened 60 basis points to 6.3293 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading system.

In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate each trading day.

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

 
 
     
 
 
 
     
 
 
 
  We Recommend  
 
 
 
     
 
 

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Shenzhou-8 takes off for crucial space mission

  2. China’s first space docking mission

  3. Longjiang Shadow play resurrected

  4. Taste tea culture in S. China

Most Popular

Opinions

  1. Effective measures stabilize Wenzhou economy
  2. US gearing up for trade war with China?
  3. How can China raise credibility of public hearings?
  4. Chinese influence on Toronto growing
  5. China's development no threat to Japan
  6. Can Internet accurately gauge public opinion?
  7. How to view public, government opinion realms?
  8. China's development no threat to Japan
  9. Chinese officials need to speak cautiously
  10. Why Taoism can change the world

What's happening in China

Obese boy trying back to normal life

  1. Taiwan to outlaw teacher-student romance
  2. 'Population crisis' looms in Taiwan
  3. SW China explosion kills 4, injures at least 100
  4. Walmart wholesaling deadbeat behavior: landlord
  5. 6.0-magnitude quake hits NW China's Xinjiang

PD Online Data

  1. Tangerines and oranges
  2. Dried persimmon cake
  3. Guangdong candy
  4. Tangyuan
  5. What do Chinese eat during the Spring Festival?