Chinese yuan strengthens against U.S. dollar
The central parity rate of the Chinese currency, the yuan, strengthened 433 pips to 6.7421 against the U.S. dollar on Wednesday, 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.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Sport
U.S. Soccer agrees equal pay for male, female teams
The new agreement comes three months after a group of top women’s team players settled a gender discrimination lawsuit against U.S. Soccer Federation.
States
We killed six bandits, recovered rustled cows: Katsina Police
Mr Isah disclosed that the command also neutralised six suspected terrorists and recovered AK 47 riffle, 110 cows and 242 sheep and goats.
World
War Crime: Russian soldier pleads guilty to killing civilian in Ukraine
Ukraine’s prosecutor general Iryna Venediktova said her office was preparing war crimes cases against 41 Russian soldiers for various offences.
Hot news Home top
Sanwo-Olu bans Okada in six Lagos local councils
This is not the first time the Sanwo-Olu administration has banned Okada operations in parts of Lagos.
Rights
Man begs court to dissolve 36-year-old marriage; says wife, children beat him
On Wednesday, Mr Ogidan told the Ikorodu Customary Court that his wife, Risikat, beat him.
World
I kill to be reborn in good place, suspect tells court
Prosecutors quoted experts as saying that the suspect had been suffering from paranoid schizophrenia since 2007.
