Yuan Weakens To 7.1705 Against Dollar

#OgunAt50: Golden Jubilee Celebrations Amid Mixed Emotions and Half-Century of Ogun West’s Exclusion from Governorship

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 13 pips to 7.1705 against the dollar on Friday.

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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 per cent 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.

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FRESH: Yuan Weakens To 7.1705 Against Dollar

RelatedPosts

Adron Group Congratulates Ogun State At 50, Salutes Legacy of Progress

BREAKING: Wike And Labour Unions Reach Truce FCTA Planned Protest In Abuja

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NDDC at 25: In line with our mandate, we procured medical equipment for General Hospital in Calabar

BREAKING: Peter Obi’s Former Ally, Doyin Okupe Is Dead [PHOTO]

Related Posts

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VP OSINBAJO: PMB Only Aware Of CJN Onnoghen’s Trial On Saturday

BREAKING: Peter Obi's Former Ally, Doyin Okupe Is Dead [PHOTO]

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