Baku 28° C
PBOC strengthens yuan against dollar
Finance
- 23 November, 2020
- 08:44
The People's Bank of China (Central Bank) on Monday strengthened the yuan against the US dollar to its highest level in 30 months, Report says, citing the regulator's data.
Thus, the Central Bank set the average yuan-dollar exchange rate at 6.5719.
It is the highest rate of the yuan against the dollar since June 26, 2018. At that time, 1 US dollar was equal to 6.5782 yuan.
Earlier, Chinese Premier Li Keqiang said that the yuan's stable exchange rate would be maintained at a rational level.
Author
Latest News
16:12
Photo
Central Bank of Azerbaijan reviews AI use in banking sector
Finance16:08
SOFAZ advised to improve forecasting of hydrocarbon revenues
Finance16:05
Photo
Azerbaijan, Pakistan, Türkiye special forces complete drills in Jordan
Military16:01
Zelenskyy claims strikes on Russian port, logistics centers
Other countries15:57
Photo
Presidents of Azerbaijan and Kyrgyzstan made press statements - UPDATE
Foreign policy15:55
Azerbaijan's Chamber of Accounts recommends SOFAZ maintain asset diversification
Finance15:40
Russian strikes kill one, injure 12 across Ukraine
Other countries15:28
Comoros' Maore Committee sends letter to French lawmakers
Foreign policy15:24