Yuan strengthens to 6.7399 against dollar at central parity

KEY POINTS • China’s central parity rate for the yuan strengthened by 90 pips against the dollar to 6.7399 on Monday. • The rate is determined from a weighted average of prices quoted by market makers before the opening of the interbank market. • The yuan is permitted to trade within a two per cent … Continue reading Yuan strengthens to 6.7399 against dollar at central parity