Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
BEIJING, August 12. /TASS/. China’s central bank on Wednesday devalued the national currency, the yuan, by 1.62% to 6.33 per dollar, the lowest rate since September 2012.
The move comes following the publication of statistic data for July. The People's Bank of China said there are no economic or financial preconditions for the continuous depreciation of the yuan against the dollar.
On Tuesday, the People’s Bank of China changed its way of calculation of the yuan-dollar exchange rate.The yuan rate was lowered by 1.9% to 6.2 per dollar, a record high drop in the last 20 years.
The regulator said that the decision to optimize the calculation method was made considering the positive balance of China’s foreign trade and the strong position of the yuan against the currencies of other countries.