Chinese yuan firms against US dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 54 basis points to 6.9435 against the US dollar on Thursday, according to the China Foreign Exchange Trading System. In China’s 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 US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on and profit from the movements in the value of the bonds. latest in a flurry of autonomous vehicle deals recently between technology companies and automakers. agency. The EU average continued to mask major disparities between member states. In 2014, social protection expenditure represented at least 30 percent of GDP in seven countries, with highest ratios emerging in France and Denmark. In contrast, the reading stood below 20 percent of GDP in 10 member states, mostly in Eastern Europe.