Friday, April 25, 2014   

Yuan climbs against US dollar
(12-17 11:33)

The yuan, strengthened 16 basis points to 6.1108 against the US dollar today, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 percent from the central parity rate each trading day.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.—Xinhua
Other Business breaking news:
S&P maintains French rating (9 mins ago)
Hang Seng, Shanghai slump (16 mins ago)
RBS bank vote plan for higher bonuses shot down (18 mins ago)
China budget airline Spring to float shares (31 mins ago)
ANA boosts profit forecast for past fiscal year (33 mins ago)
Electrolux a Q1 profit surges (35 mins ago)
French market suspends trading in Alstom shares (58 mins ago)
European equities down at open (1 hr 19 mins ago)
S&P cuts Russia rating, outlook negative (1 hr 47 mins ago)
Honda full-year net profit up 56pc (1 hr 47 mins ago)

More breaking news >>

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