Yuan weakens to 7.1705 against dollar
19 February 2025 |
10:40 am
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday. 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…
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday.
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
Related
2 hours ago
The World Sustainable Development Goals (WSDGs) Organisation, has announced the appointment of Engr. Raphael Chukwudimma Chukwu
2 hours ago
As Nigeria joins the rest of the world to mark this year's International Mother Language Day, the National Library of Nigeria has raised
3 hours ago
A cholera outbreak in western Ethiopia has killed 15 people and struck more than 200 people this month, a regional health official said Friday, appealing for more medicine. Several regions of Ethiopia and other African countries have been fighting cholera outbreaks in recent weeks, including Sudan and Angola. "Fifteen people have died, and we have…
3 hours ago
Ukrainian President Volodymyr Zelensky faced pressure on Friday to sign a deal to hand the United States preferential access to Ukraine's mineral deposits following harsh criticism from US President Donald Trump. Trump wants Ukraine to give US companies access as compensation for the tens of billions of dollars of aid delivered under his predecessor Joe…
3 hours ago
A global anti-money laundering watchdog said Friday i had removed the Philippines from its list of countries subject to increased monitoring, while adding Laos and Nepal. The Financial Action Task Force (FATF), a Paris-based organisation that reviews efforts by more than 200 countries and jurisdictions to prevent money laundering and terrorism financing, compiles a "grey…
4 hours ago
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has appealed for the repatriation
4 hours ago
Donald Trump on Friday said he doesn't consider it essential for Ukrainian President Volodymyr Zelensky to be present at negotiations aimed at ending Russia's war in Ukraine. "I don't think he's very important to be in meetings," Trump said in an audio interview with Fox News. "He's been there for three years. He makes it…
4 hours ago
The Shell Petroleum Development Company of Nigeria (SPDC) on Friday announced that it has shut crude feeds into the 16 inch Nun River-
4 hours ago
Gov. Abdullahi Sule of Nasarawa State on Friday swore in 15 new commissioners as members of the State Executive Council.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.