Latest News:  
Beijing   Sunny    -3 / -12   City Forecast

People's Daily Online>>China Business

China's yuan retreats to 6.3108 against USD Monday

(Xinhua)

14:23, February 06, 2012

BEIJING, Feb. 6 (Xinhua) -- The Chinese currency Renminbi, or the yuan, lost 6 basis points to 6.3108 against the U.S. dollar on Monday, 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:燕勐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. People celebrate Lantern Festival

  2. Lanterns lit up around China

  3. Chinese art group performs in Seattle

  4. Protection of intangible cultural heritage

Most Popular

Opinions

  1. Cadmium pollution cleanup measures safe, effective
  2. Chinese consumers fill big Western shoes abroad
  3. Returned migrant workers refill "empty nests"
  4. Luxury shoppers ring alarm bells
  5. Twitter critics confuse politics with business decision
  6. Japan’s actions over Diaoyu Islands will backfire
  7. A reality check on lunar new year
  8. Riding the tide of the times
  9. EP should get fully involved in EU decision making
  10. How can Europe avoid "a lost decade?"

What's happening in China

Cold wave grips Inner Mongolia

  1. Chengdu golden monkeys settle in HK
  2. China shipwreck death toll rises to 9
  3. 20 held over 80m yuan fake health product ring
  4. Executives detained in financing probe
  5. Residents worried as elevators stall, fall

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance