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flag 1 July: China's yuan strengthened to a central parity rate of 7.1265 against the US dollar.

flag On 1 July, China's yuan strengthened against the US dollar, reaching a central parity rate of 7.1265, according to the China Foreign Exchange Trade System. flag The central parity rate is determined by a weighted average of prices offered by market makers before the interbank market opens each business day. flag In China's spot foreign exchange market, the yuan's value can fluctuate by up to 2% from the central parity rate each trading day.

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