Chinese yuan has weakened to ¥6.8679 against dollar.Information Guide Nigeria
According to PEOPLES GAZETTE, the central parity rate of the Chinese currency renminbi, or the yuan, weakened 73 pips to ¥6.8679 against the dollar on Monday.
This was disclosed by the China Foreign Exchange Trade System.JAMB Result
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PEOPLES GAZETTE reports that the China Foreign Exchange Trade System noted that in China’s spot foreign exchange market, the yuan can rise or fall by two per cent from the central parity rate on each trading day.
The yuan’s central parity rate against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market, PEOPLES GAZETTE reports.NYSC Portal
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