china\s yuan value hits new high against us dollar
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

China\'s Yuan value hits new high against U.S. dollar

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice China\'s Yuan value hits new high against U.S. dollar

Beijing - QNA

The Chinese Yuan rose to a fresh record high against the U.S. dollar on Friday after the People\'s Bank of China fixed the currency\'s mid-point at a record high for the third day in a row. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 0.5 percent from that level. The range was last widened to 0.5 percent from 0.3 percent in May 2007. On Thursday the Yuan climbed to 6.4536 per dollar, compared to Wednesday\'s close of 6.460. The Yuan rose 0.12 percent to close at 6.4516 per dollar in Shanghai, the biggest advance in a week, according to the China Foreign Exchange Trade System. The currency reached 6.4505 earlier, the strongest level since China unified official and market exchange rates at the end of 1993. In Hong Kong’s offshore market, the Yuan appreciated 0.02 percent to 6.4545. China\'\'s State Administration of Foreign Exchange has said on its website that the Yuan\'\'s appreciation will not lead to the country\'\'s record currency reserves declining and foreign-exchange regime reform should accelerate. The International Monetary Fund said China should let the Yuan gain to boost demand and global economic stability, citing the risk that any growth shocks in the country will hurt the world, the fund said in a statement released late yesterday in Washington. The currency remains undervalued by 3 percent to 23 percent, depending on methodology, and fell against the currencies of trading partners in the past year in inflation- adjusted terms, the organization’s economists said. 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china\s yuan value hits new high against us dollar china\s yuan value hits new high against us dollar

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china\s yuan value hits new high against us dollar china\s yuan value hits new high against us dollar

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 17:24 2017 Thursday ,26 January

Cash crunch for anti-Armageddon asteroid mission

GMT 11:47 2017 Saturday ,23 September

Uber loses licence to operate in London

GMT 10:05 2017 Sunday ,31 December

Salah shines as Liverpool down Leicester

GMT 13:01 2017 Wednesday ,22 March

Spieth looking forward

GMT 23:52 2017 Wednesday ,14 June

Actress Horia Farghaly happy

GMT 11:20 2017 Thursday ,05 October

GEMINI (May22nd-June21st)

GMT 08:30 2017 Tuesday ,24 October

Iran's regional status has never been stronger

GMT 05:22 2015 Sunday ,01 March

'Jihadi John' contemplated suicide in 2010

GMT 22:21 2013 Sunday ,19 May

Dire outlook despite global warming \'pause\'

GMT 16:57 2013 Monday ,14 January

Early climate change signs in Australia

GMT 15:19 2015 Wednesday ,08 April

BMW to recall flawed vehicles in China

GMT 00:47 2015 Wednesday ,09 September

9781 pilgrims arrived in holy lands so far

GMT 14:24 2011 Thursday ,18 August

Spain in uproar over Barca-Madrid pitch violence
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice