Chinese yuan weakens to 7.2056 against US dollar Monday
Mon 26-06-2023 09:05 AM
BEIJING, 26th June, 2023 (WAM) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 261 pips to 7.2056 against the U.S. dollar Monday, state media (Xinhua) quoted the China Foreign Exchange Trade System as saying.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate eac