On May 13, China's central parity rate of the renminbi (yuan) weakened against the US dollar.

On May 13, China's central parity rate of the renminbi (yuan) weakened 19 pips to 7.1030 against the US dollar, according to the China Foreign Exchange Trade System. The central parity rate of the yuan against major currencies was announced on Monday, with the rate against the US dollar based on a weighted average of prices offered by market makers before the interbank market's opening each business day.

May 13, 2024
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