Xinhua
30 Nov 2020, 09:21 GMT+10
BEIJING, Nov. 30 (Xinhua) -- China's yuan weakened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).
The CFETS yuan exchange rate composite index, which measures the yuan's strength relative to a basket of currencies, came in at 95.59 on Nov. 27, down 0.24 points from a week earlier, according to the CFETS.
The index compares the yuan with the value of 24 currencies, including the U.S. dollar, euro and Japanese yen.
Last week also saw an index that measures the yuan against the Bank for International Settlements currency basket down 0.17 points to 99.47.
The index measuring the yuan against the Special Drawing Rights basket went down 0.11 points to 94.82.
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationDUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
NAIROBI, July 4 (Xinhua) -- Chinese contractors are helping advance Kenya's construction sector by transferring technologies, the industry...
BERLIN, July 1 (Xinhua) -- Germany's housing market showed strong signs of recovery in the first quarter of 2025, with residential...
Riverside sheriffs office disses juries and county taxpayers
Olson- Erin Murphy wades through grief with lessons learned from Melissa Hortman
Counterpoint- What No Kings protests are actually about