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皇冠体育app's yuan weakens against US dollar Wednesday

(Xinhua)
Updated: 2010-08-25 11:30

BEIJING - The value of 皇冠体育app's currency Renminbi (RMB) weakened against the US dollar Wednesday as the central parity rate of the yuan was set at 6.8007 per US dollar, compared with the 6.7999 Tuesday, according to the data released by the 皇冠体育app Foreign Exchange Trading System.

Related readings:  皇冠体育app's yuan weakens against US dollar Monday  皇冠体育app's yuan stronger against US dollar Friday  皇冠体育app's yuan weakens against US dollar Thursday

皇冠体育app's central bank announced on June 19 in 2010 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.