Friday, August 28, 2015   

Yuan slips against greenback
(03-26 11:06)

The yuan weakened 14 basis points to 6.1440 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 2 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 offered by market makers before the opening of the interbank market each business day.—Xinhua
   
Other Business breaking news:
US stocks lower at the open (1 hr 1 min ago)
UBS pays penalty for disregarding bans on a terrorist’s deals (1 hr 26 mins ago)
US personal incomes and spending rise at modest rate (1 hr 43 mins ago)
Oil prices drop to US$42.35 (1 hr 56 mins ago)
Bank of China and AgBank report marginal earnings growth (08-28 19:25)
UK reports 0.7pc second quarter growth (08-28 18:31)
Shanghai stocks rally 4.8pc at close, Hang Seng gives up gains (08-28 16:25)
Dow leaps 200 points at open (08-27 22:34)
US reports broad-based 3.7pc growth sparked by consumer spending and business investment (08-27 22:05)
People’s Bank of China injects 150b yuan into market (08-27 18:53)

More breaking news >>

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