Chinese yuan weakens to 6.7482 against USD ...Middle East

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Chinese yuan weakens to 6.7482 against USD
source : Devdiscourse ( Middle East ) () 34
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 300 pips to 6.7482 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading day, Xinhua News Agency reported.

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