China's yuan weaker against USD Tuesday

发布:2012-10-16 编辑:2012-10-16
The central parity rate of the yuan, <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />China's currency Renminbi (RMB), increased to 6.7812 per U.S. dollar Tuesday from

The central parity rate of the yuan, <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />China's currency Renminbi (RMB), increased to 6.7812 per U.S. dollar Tuesday from 6.7800 per U.S. dollar Monday, according to the data released by the China Foreign Exchange Trading System.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

 

China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.