Chinese yuan strengthens to 6.7143 against USD Thursday

08.07.2022

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 103 pips to 6.7143 against the U.S. dollar Thursday, 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...