Economy
THE central parity rate of the Chinese currency renminbi, or the Yuan, weakened 21 pips to 6.8171 against the dollar on Tuesday.
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 he interbank market each business day. (Xinhua/NAN)
A.I
June 23, 2026
Tags: Yuan weakens against dollar