Chinese yuan strengthens to 6.6756 against USD Monday

24.05.2022

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 731 pips to 6.6756 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity...