Yuan Strengthens 7.1706 Against Dollar – 9News Nigeria https://9newsng.com Nigeria News - Nigeria's favourite news source Fri, 14 Feb 2025 11:58:50 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://pub-c2bc1600c0ae4735bcabd5f23f03a1c5.r2.dev/wp-content/uploads/2016/03/20152806/cropped-9icon-32x32.jpg Yuan Strengthens 7.1706 Against Dollar – 9News Nigeria https://9newsng.com 32 32 114098865 Yuan Strengthens 7.1706 Against Dollar https://9newsng.com/yuan-strengthens-7-1706-against-dollar/ Fri, 14 Feb 2025 11:58:21 +0000 https://9newsng.com/?p=506994 b8d6a48b 983d 4e82 bc79 b45832ef2053

9News Nigeria

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 13 pips to 7.1706 against the dollar on Friday. This is according to the China Foreign Exchange Trade 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 […]

9News Nigeria

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9News Nigeria

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 13 pips to 7.1706 against the dollar on Friday.

This is according to the China Foreign Exchange Trade 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.

The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

9News Nigeria

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