China's yuan rises 28 basis points to 6.4921 per USD Thursday
The Chinese currency Renminbi, or the yuan, continued to strengthen 28 basis points to 6.4921 per U.S. dollar on Thursday, according to the China Foreign Exchange Trading system.
The yuan hit an all-time high on May 11 when the central parity rate was set at 6.4848 per U.S. dollar.
On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.
The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.
You May Like
-
Quanyou teamed up with the fashion brand ANNAKIKI to launch a new joint product!
-
Outer, an outdoor furniture brand founded by Chinese, enters the Australian market
-
National Bureau of Statistics: The retail sales of furniture in the first three quarters reached 120.5 billion, an increase of 20.7%
-
Enveloping lounge chairs and lightweight office chairs from Arper feature
沪公网安备31010402003309号
