国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Chinese yuan strengthens to 25-month high

Source: Xinhua| 2018-01-16 10:45:06|Editor: Xiang Bo
Video PlayerClose

BEIJING, Jan. 16 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, advanced to 25-month high on Tuesday in the wake of a weak U.S. dollar.

The yuan strengthened 202 basis points to 6.4372 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

The strong reading came after the dollar index, a gauge that measures the U.S. currency's strength against six other major currencies, staged consistent declines over the past trading days.

Analysts expected the yuan to gain further in the coming days on the back of a solid fundamental of the Chinese economy and the estimation of a weaker U.S. dollar in the future.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001368989331
主站蜘蛛池模板: 扎鲁特旗| 五河县| 阳原县| 高淳县| 泾川县| 瑞安市| 开江县| 象州县| 嵊泗县| 普格县| 永平县| 大竹县| 乌拉特后旗| 卢湾区| 灯塔市| 南阳市| 正阳县| 吉安县| 肇东市| 宜兰县| 长岛县| 黄山市| 清新县| 英山县| 赤城县| 台州市| 开封县| 察雅县| 镇原县| 治多县| 周宁县| 凉山| 云和县| 江都市| 南木林县| 舟曲县| 新和县| 化州市| 华容县| 龙州县| 四子王旗|