Chinese yuan strengthens to 7.1903 against USD Thursday

NAMPA / Xinhua
2025-05-22
BEIJING, May 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 34 pips to 7.1903 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 rate each trading day. The central parity rate of the yuan against the U.S. dollar is based on a weighted averag......
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