Yuan weakens to ¥6.8987 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 256 pips to ¥6.8987 against the dollar on Thursday.
The China Foreign Exchange Trade System disclosed this on Thursday.
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.”
World
Top Afghan retired general extradited to U.S. over drug, firearm trafficking
The U.S. noted, “The Drug Enforcement Administration led an investigation that ended Qadeer’s audacious criminal activity.”
NationWide
IG assures international community Nigeria safe for investment, tourism
The IG said negative global perceptions of Nigeria often differed from realities experienced by visitors to the country.
States
Lagos APM governorship candidate congratulates Makinde, security agents on Oyo hostages’ release
Mr Adeoye said the successful operation reflected the effectiveness of intelligence-driven security strategies.
States
YPP lauds rescue of Oyo pupils, teachers, urges stronger safe school initiative
The party urged President Bola Tinubu and security agencies to replicate the successful strategy nationwide.
Hot news Home top
Cameroonian community mourns after missing seven-year-old boy found dead in Canada’s lake
Mr Kimber said that the victim’s remains were found submerged in the surrounding area even before Peel Region dive team went into the water.
States
Zamfara distributes 72,000 bags of fertiliser, agrochemicals, others to farmers
The statement quoted Mr Lawal as saying the programme marked another milestone in his administration’s commitment to revitalising agriculture.
