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.
-
Football1 week agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business1 week agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Football6 days agoWAFCON 2026: Super Falcons battle South Africa for World Cup play-off spot
-
Latest1 week agoMessi reportedly faced multiple bomb threats during 2026 World Cup
-
Latest6 days agoOsun 2026: Oyinlola group backs Oyebamiji, faults Adeleke over exclusion
-
Business4 days agoBigi, Fearless take campus engagement to new level, reach 20 tertiary institutions
-
Featured1 week agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest1 week agoNFF denies calling for Infantino’s resignation