Chinese yuan strengthens to 6.7483 against USD Tuesday

27.07.2022

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 60 pips to 6.7483 against the U.S. dollar Tuesday, 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...