China's yuan strengthens to 6.2829 against USD
(Xinhua) Updated: 2012-04-26 10:20BEIJING - The Chinese currency Renminbi, or the yuan, strengthened by 94 basis points to 6.2829 against the US dollar on Thursday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.
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