Free Trial

The China Foreign Exchange Trade.........>

CHINA YUAN
CHINA YUAN: The China Foreign Exchange Trade System said the official yuan
closing price at 16:30 local time (08:30 GMT) on Wednesday was 6.6150 against
the U.S. dollar, weaker than Tuesday's close of 6.6131. The People's Bank of
China set the yuan central parity rate against the U.S. dollar weaker at 6.6163
on Wednesday, compared with Tuesday's 6.6113. The PBOC has set the fixing weaker
for eight consecutive trading days, with today's fixing the weakest since Nov.
22. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.