Yuan fixed at 6.345 against greenback

Business | 9 Mar 2018 11:13 am

According to the China Foreign Exchange Trade System, the central parity rate of the Chinese currency renminbi, or the yuan, weakened 212 basis points to 6.3451 against the U.S. dollar Friday, Xinhua reported.

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.

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