© Reuters. Yuan parity
Investing.com – The People’s Bank of China set the yuan parity rate against the dollar at 6.4169 on Friday, compared to the previous close of 6.4180.
The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. The central bank allows the dollar/yuan rate to move no more than 2% above or below the central parity rate.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Latest posts by investing.com (see all)
- Trump Accuses China, EU of Currency Manipulation - August 21, 2018
- Forex – Dollar Slips After Trump Disagrees with Fed’s Decision to Raise Rates - August 21, 2018
- Turkish lira weakens after Trump says 'no concessions' - August 21, 2018