Chinese yuan strengthens to ¥7.1415 against U.S. dollar
The central parity rate of the Chinese currency, renminbi or the yuan, strengthened 49 pips to ¥7.1415 against the dollar on Monday, according to the China Foreign Exchange Trade System.
In China’s spot foreign exchange market, the yuan can rise or fall by two per cent from the central parity rate each trading day.
The yuan’s central parity rate 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
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Tinubu urges ECOWAS to ratify, implement anti-corruption protocol
He described corruption as a cancer that threatens Africa’s stability and development.
Showbiz
Legendary talk show host Phil Donahue dies at 88
Donahue began his career in broadcasting as a news anchor in Dayton, Ohio.
NationWide
FRSC warns motorists against carrying petrol-filled jerrycans in vehicles
He said the warning became necessary following the persistent fuel scarcity experienced in the state.
Economy
Minna residents decry rising food prices, lament economic hardship
”The government should do something to help us because I don’t know where we are heading to,” a housewife said.
NationWide
Appeal Court to hear ex-CJN Onnoghen’s suit challenging his removal from office on Tuesday
The Code of Conduct Tribunal had in 2019 convicted Mr Onnoghen in all the six-count charges of breach of the Code of Conduct for Public Officers.
NationWide
FG condemns rise in attacks on humanitarian workers
Mr Ahmed lamented the situation in Nigeria, where between 2020 and 2024, 49 incidents were reported affecting 79 humanitarian workers.
