The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 217 pips to 7.1307 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate [...]The post Yuan weakens to 7. 1307 against dollar appeared first on Daily Nigerian.
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