Latest News:  
Beijing   Thundershower/Cloudy    31 / 22   City Forecast

Home>>China Business >> Finance

China's yuan weakens to 6.3996 against USD Wednesday

(Xinhua)

14:40, August 17, 2011

BEIJING, Aug. 17 (Xinhua) -- The Chinese currency Renminbi, or the yuan, weakened 71 basis points to 6.3996 per U.S. dollar on Wednesday, 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. Chinese naval fleets carry out missile attack drill

  2. Flower-like women

  3. Female soldiers march into history

  4. Lovely beluga gives performance

Most Popular

What's happening in China

Female soldiers march into history

  1. New campaign targets gender ratio imbalance
  2. China to Sue ConocoPhillips for Oil Leaks
  3. Man axing wife's lover charged with murder
  4. 'Staycation'
  5. Tourist trains set off from Moscow to Beijing

PD Online Data

  1. The Tartar ethnic minority
  2. The Xibe ethnic minority
  3. The Miao ethnic minority
  4. The Maonan ethnic minority
  5. The Lahu ethnic minority