Chinese yuan weakens to 6.7071 against dollar
Updated: 04 Jul 2022, 08:13 AM IST
TL;DR.In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading day.
FILE PHOTO: South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. $100 notes in this file photo illustration shot December 15, 2015. REUTERS/Kim Hong-Ji//Illustration