Chinese yuan weakens to 6.7730 against USD Tuesday

17.08.2022

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 320 pips to 6.7730 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...