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On Monday, the Chinese renminbi (yuan) weakened to 7.1316 against the US dollar, a 46-pip decrease from the previous day's central parity rate.
Chinese currency, the renminbi (yuan), weakened to 7.1316 against the US dollar on Monday, a 46 pip decrease from the previous day's central parity rate.
The yuan's spot foreign exchange market allows for a 2% rise or fall from the central parity rate each trading day.
The central parity rate is determined by a weighted average of prices offered by market makers before the interbank market opens each business day.
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El lunes, el renminbi (yuan) chino se debilitó a 7,1316 frente al dólar estadounidense, una disminución de 46 pips respecto del tipo de paridad central del día anterior.