Chinese yuan weakens against USD ...Middle East

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Chinese yuan weakens against USD
source : Devdiscourse ( Middle East ) () 20
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 197 pips to 6.7120 against the US dollar Monday, 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.

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