Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn
    • Equities Investors Lose N5.6trn as NGX Indicators Plunge
    • Iran Plans to Restore 3mbpd Oil Production in 60 Days
    • Aradel Grows Profit by 192%, Declares N23 as Final Dividend
    • Dangote Cement Sells 64% of Production Volume to Nigerians
    • Naira Tumbles as Interbank FX Turnover Drops by 43%
    • XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
    • ETC- Ethereum Classic Gains 6% on Listing Speculation
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, June 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » FX Market » Chinese Yuan Weakens to 7.1911 Against Dollar

    Chinese Yuan Weakens to 7.1911 Against Dollar

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 19, 2024 FX Market No Comments1 Min Read
    Chinese Yuan Weakens to 7.1911 Against Dollar
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Chinese Yuan Weakens to 7.1911 Against Dollar

    The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 31 pips to 7.1911 against the dollar on Thursday.

    This is according to the China Foreign Exchange Trade System.

    In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.

    The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. #Chinese Yuan Weakens to 7.1911 Against Dollar#


    Oil Rises as U.S Fed Rates Cut Boosts Sentiment

    renminbi USDollar Yuan
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    Dangote Cement Sells 64% of Production Volume to Nigerians

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026
    Latest Posts

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    June 21, 2026

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    June 21, 2026

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.