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The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day.

In China's foreign exchange spot market,beats by dre, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate each trading day.

2011-10-10 11:00:27.0China's yuan weakens to 6.3586 against USDThe Chinese currency Renminbi,polo ralph lauren,foreign exchange,casque beats, yuan appreciation,louboutin, US dollars11020264Economy2@webnews/enpproperty-->

The yuan hit a record high of 6.3549 against the greenback on September 30.

BEIJING-The Chinese currency Renminbi,casque dr dre, or the yuan,ralph lauren, weakened 37 basis points to 6.3586 against the US dollar on Monday,moncler, according to the China Foreign Exchange Trading system.

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The country will "ensure stable and relatively fast economic growth, while adjusting the economic structure and regulating inflationary expectations next year", the Political Bureau of the Communist Party of China Central Committee, the country's top decision-making body, announced on Friday.