Chinese yuan weakens to 6.4691 against dollar


The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.4691 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trade System. In Chinas spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each Read More

Source: Punch Newspaper