On the second Consecutive day, the central parity rate of the Chinese currency renminbi, or the yuan, weakened 99 pips to 6.3739 against the US dollar on Friday, according to the China Foreign Exchange Trade System. Yesterday, it was weakened 82 pips to 6.364 against the US dollar.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Xinhua News Agency reported.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day, it added.
(With ANI inputs)
NMMC Elections 2026: ₹16.16 Lakh Cash Seized From Mercedes At APMC Check Post Amid Model Code Enforcement
Mumbai Crime: 81-Year-Old Man Booked For Extorting ₹50,000 By Posing As FDA Official In Borivali
Pune Civic Polls 2026: 'Workers From Both NCP Factions Want Unity,' Says Maharashtra Deputy CM Ajit Pawar
Panvel Civic Elections 2026: Chief Election Observer Visits Media Certification And Monitoring Cell At PMC Headquarters
