Business
Chinese yuan strengthens to 7.0899 against dollar
The China Foreign Exchange Trade System on Monday revealed that the central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 1,008 pips to 7.0899 against the dollar.
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.
-
Health1 week agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Crime6 days agoLASU student dies after armed robbery attack
-
Featured6 days agoOsun APC counters Adeleke over security drone dispute, urges public to ignore allegations against Oyetola
-
Football7 days agoArsenal confirm departure of 15 players ahead of summer exit
-
Latest1 week ago2027: North will back Tinubu’s re-election bid, says ex-ACF Secretary-General
-
Comments and Issues1 week agoDay Ibori stormed Asaba for Oborevwori’s third anniversary
-
Politics6 days agoEmeka Ike reacts to alleged INEC-linked data breach
-
Politics6 days agoFour PDP reps from Bauchi defect to APM, cite internal party crisis