Yuan strengthens 7.1703 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 183 pips to 7.1703 against the dollar on Tuesday.
This is 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.”
Lagos
Lagos: Policeman arraigned, remanded in Kirikiri for defiling 17-year-old inside station
The teenage girl was said to have gone to the station on June 29, 2024, to report about her stolen phone.
NationWide
14 million Nigerians abuse drugs: NDLEA
She described the younger people as the most vulnerable victims of drug abuse.
Heading 4
17th Headies Awards Nominees (Full List): Odumodu Blvck, Ayra Starr, Shallipopi, Mohbad top list
The 17th edition will hold in April.
Lagos
Lagos govt. to demolish shanties, illegal structures in Itu-Mara
He said that the removal of illegal structures was a step toward planned and sustainable growth.
NationWide
Reps seek Taiwan’s partnership on science, technology development
He said that Nigeria could not afford to lag behind in this era of rapid innovation.
Abuja
Wike lauds communities for supporting projects’ execution in FCT
The minister explained that work was going on uninterrupted due to the overwhelming support of affected communities.
