Home economy Yuan strengthens 7.1013 against dollar

Yuan strengthens 7.1013 against dollar

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Chinese yuan strengthens to 7.0947 against dollar
Chinese yuan strengthens to 7.0947 against dollar

Beijing, Sept. 17, 2025 (Xinhua/NAN) The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 14 pips to 7.1013 against the dollar on Wednesday.

This is according to the China Foreign Exchange Trade System.

The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day. (Xinhua/NAN)