Chinese yuan strengthens against U.S. dollar
The central parity rate of the Chinese currency, the yuan, strengthened 433 pips to 6.7421 against the U.S. dollar on Wednesday, 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 each trading day.
The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Africa
Grassroots support crucial to fighting irregular migration, says ECOWAS parliament
The ECOWAS Parliament says grassroots engagement is crucial to developing more effective regional policies to address the growing menace of irregular migration across West Africa.
Enugu
Enugu: Police impound 195 vehicles for registration, number plate violations
The police command in Enugu has impounded 195 vehicles for registration and number plate violations.
Africa
Nigeria-South Africa relations must be anchored on respect, protection of citizens: APC Governors
The Forum of First-Term Governors under the Progressives Governors’ Forum has condemned attacks on Nigerians and other nationals in South Africa.
Enugu
Nwifuru enrols 200 people with sickle cell disease in Ebonyi health insurance scheme
The Better Health for Rural Women, Children and Internally Displaced Persons Foundation has enrolled 200 people with sickle cell disease in the state’s health insurance scheme.
Politics
Tinubu building 100 housing units per LGA for vulnerable Nigerians, says aide
The presidential aide said the project was already underway and designed to provide succour to vulnerable Nigerians.
Economy
Innovation: Galaxy Backbone seeks stronger digital partnerships
Galaxy Backbone has urged stronger collaboration among the government, universities, and industry to accelerate digital inclusion.
