Yuan weakens to 7.1498 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened seven pips to 7.1498 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)Â
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.”
NationWide
Tinubu inherited bad roads, tackling infrastructure deficit headlong, says senatorÂ
The senator said that the administration had been reconstructing existing roads.
States
Police nab eight Gombe suspects over alleged robbery, internet fraud
Mr Abdullahi urged them to report suspicious activities to the security agencies.
NationWide
Non-implementation of master plan responsible for Coastal road flooding: Umahi
Mr Umahi thanked the contractor handling the Sokoto-Badagry Superhighway, Hitech Construction Company Ltd. for efficiency.
NationWide
D’Tigers beat Rwanda 106-62 in World Cup Qualifier
Mr Okoye said, “Going home 3-0 feels amazing, but the job is not done. Representing Nigeria means the world to me, and every opportunity to wear this jersey is a blessing.”
NationWide
Lagos deputy governor, APC state chairmen hail Tinubu’s visionary leadership
Mr Hamzat described Mr Tinubu as an inclusive leader who encouraged innovation and welcomed superior ideas irrespective of their source.
NationWide
2027: Pray for Nigeria, vote credible leaders, ex-Niger CAN chairman urges votersÂ
Mr Echioda urged eligible Nigerians to participate actively by voting for competent, God-fearing, and credible candidates with proven records of service.
