Chinese yuan weakens to 6.3896 against USD Friday

18.04.2022

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 356 pips to 6.3896 against the U.S. 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 the central parity...