Chinese yuan strengthens to 6.7889 against USD Wednesday

NAMPA / Xinhua

2026-08-05

BEIJING, Aug. 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 6.7889 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 avera......

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