SHANGHAI: China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday, pushing the unit to its highest level in 16 months.
The People’s Bank of China (PBOC) set the value of the yuan -- also known as the renminbi -- at 6.5032 to the dollar, up 0.36 percent from Thursday’s rate, according to data from the Foreign Exchange Trade System.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.