Latest News:  
Beijing   Overcast    0 / -6   City Forecast

People's Daily Online>>China Business

China's yuan drops to 6.3166 Friday

(Xinhua)

14:06, January 06, 2012

BEIJING, Jan. 6 (Xinhua) -- The Chinese currency Renminbi, or the yuan, retreated 51 basis points to 6.3166 against the U.S. dollar on Friday, 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.

Email|Print|Comments(Editor:雪萌)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. For migrants, no Web, no train ticket

  2. An ice and snow world

  3. Wen vows closer military exchanges with Pakistan

  4. Sports photos of 2011

Most Popular

Opinions

  1. Pentagon plan changes game in Asia
  2. Will Japan's economy recover in 2012?
  3. It is the China naysayers who are doomed to fail
  4. Common development with neighbors
  5. Japan's case of flawed priority
  6. Move to send 'alarming signal' across Asia
  7. EU's airline carbon tax may backfire
  8. Asian countries refuse to 'take side'
  9. US uses 'hedging strategy' to deal with China's rise
  10. What is behind US 'Return-to-Asia' strategy?

What's happening in China

Anger over online railway ticket sales

  1. China set to post narrower trade glut
  2. Gome sues ex-chairman for breach
  3. iPhone 4S set for debut next Friday
  4. Sinopec eyes doubling in equity crude production
  5. Harmful chemicals in most new cars

PD Online Data

  1. Traditional Mooncakes
  2. About Mooncakes
  3. History of Mooncakes
  4. Modern Mooncakes
  5. Legends of Mid-Autumn Festival