Dollar

U.S. dollar ticks up


The U.S. dollar increased in late trading on Tuesday.

The dollar index, which measures the greenback against six major peers, went up 0.3 percent to 98.393 at 3 pm (1900 GMT).

In late New York trading, the euro decreased to 1.1744 dollars from 1.1782 dollars in the previous session, and the British pound was down to 1.3508 dollars from 1.3536 dollars in the previous session.

The U.S. dollar bought 159.35 Japanese yen, higher than 158.87 of the previous session. The U.S. dollar climbed to 0.7808 from 0.7786 Swiss francs, and was up to 1.366 from 1.3643 Canadian dollars. The U.S. dollar rose to 9.1746 from 9.1269 Swedish kronor.


U.S. dollar ticks up

U.S. dollar ticks up

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 41 pips to 6.8635 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.


Chinese yuan weakens to 6.8635 against USD Wednesday

Chinese yuan weakens to 6.8635 against USD Wednesday





Source link

Leave a Reply