The central parity price of the Chinese language foreign money renminbi, or the yuan, weakened 32 pips to 7.1214 towards the greenback on Thursday.
That is in line with the China Overseas Trade Commerce System.In China’s spot international trade market, the yuan is allowed to rise or fall by two per cent from the central parity price every buying and selling day.
The central parity price of the yuan towards the greenback relies on a weighted common of costs supplied by market makers earlier than the opening of the interbank market every enterprise day.
Xinhua/NAN
