Chinese yuan weakens to 6.7465 against USD Wednesday

21.07.2022

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 14 pips to 6.7465 against the U.S. dollar Wednesday, 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...