Chinese yuan weakens to 7.1937 against USD Wednesday

NAMPA / Xinhua

2025-05-21

BEIJING, May 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 pips to 7.1937 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 rate each trading day. The central parity rate of the yuan against the U.S. dollar is based on a weighted average of......

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