Beijing : The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 341 basis points to 6.3154 against the US dollar on Monday, according to the China Foreign Exchange Trading System.
In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day, Xinhua news agency reported.read more...http://www.vishwagujarat.com/business/chinese-yuan-strengthens-against-dollar/
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