Chinese Yuan Slides To Weekly Low Versus U.S. Dollar
2020年1月6日 - 11:16AM
RTTF2
The Chinese yuan weakened against the U.S. dollar in the Asian
session on Monday, amid heightened tensions in Middle East
following Iran's threat of retaliation against U.S air strike last
week.
Iran said that it would revenge against the U.S. killing of
Soleimani and it will no longer abide by the limits on uranium
enrichment contained in the 2015 nuclear deal.
The yuan hit a weekly low of 6.9785 against the greenback from
Friday's closing value of 6.9640. The yuan may locate support
around the 7.1 mark.
The People's Bank of China set today's central parity rate of
the yuan at 6.9718 per dollar, compared to Friday's rate of 6.9681.
The Chinese central bank sets central parity rate every morning and
allows the yuan to fluctuate up to 2 percent from that level.
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