The yuan lifted 30 basis points to 6.9207 against the US dollar

BEIJING (Armfalcon.com) – The yuan’s central exchange rate lifted 30 basis points to 6.9207 against the US dollar in Thursday trading, rebounding from three straight days of declines, according to the China Foreign Exchange Trading System.

On China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2.0 percent from its central parity rate each trading day.

The middle rate of the yuan against the US dollar is based on the weighted average price offered by market participants before the opening of the interbank money market on each working day.

Translator: Apep Suhendar
Editor: Guido Merung
COPYRIGHT © BETWEEN 2023