Chinese yuan weakens to 6.9114 against US dollar Friday

BEIJING, 5th May, 2023 (WAM) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 60 pips to 6.9114 against the US dollar Friday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from