Chinese yuan strengthens to 7.0729 against USD Tuesday

10:21, September 24, 2019

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  Chinese yuan strengthens to 7.0728 against USD Wednesday

  BEIJING, Sept. 18 (Xinhua) - The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 2 pips to 7.0728 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.File photo: VCGIn Chinas 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.

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  Chinese shares close higher Tuesday

  BEIJING, Sept. 24 (Xinhua) - Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 0.28 percent, at 2,985.34 points.(File photo: VCG)The Shenzhen Component Index closed 0.31 percent higher at 9,811.38 points.The ChiNext Index, Chinas NASDAQ-style board of growth enterprises, gained 0.61 percent to close at 1,694.6 points Tuesday.

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  Chinese shares open lower Tuesday

  File photo: VCGBEIJING, Sept. 17 (Xinhua) -- Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.23 percent to open at 3,023.71 points.The Shenzhen Component Index opened 0.28 percent lower at 9,890.59 points.