Edition: English Asia Pacific Africa Europe | Español Français العربية Pусский | 中文简体 中文繁体
Homepage > Biz Video

Dollar strength weighs on yuan


01-29-2015 00:26 BJT

To the currency market where the Chinese yuan continues its slide against the U.S. dollar despite the PBOC setting a higher midpoint rate versus Tuesday.

The yuan further weakened by 45-pips against the greenback in Wednesday trade to touch 6.248 per dollar. China's currency is allowed to fluctuate 2-percent from its midpoint rate each day. The currency has been under pressure since December from a strong dollar as we see a wave of easing from global central banks.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat

We Recommend

  • World Heritage China Part 29
  • Glamorous Indonesia Part 2
  • Along the Coast Part 41
  • Glamorous Indonesia Part 1
  • Dreams and the business reality
  • Philippines' beauty pageant obsession
  • China's love for basketball
  • Box office online
  • Jixi: Land of luminaries II