On June 3, China's renminbi (yuan) central parity rate strengthened 2 pips to 7.1086 against the US dollar.

On June 3, China's central parity rate of the renminbi (yuan) strengthened 2 pips to 7.1086 against the US dollar, according to the China Foreign Exchange Trade System. The yuan is allowed to rise or fall by 2% from the central parity rate each trading day. The central parity rate is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

June 03, 2024
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