Yuan Weakens to 6.7795 Against USD Amid Ongoing Global Tensions
The Chinese yuan has weakened to 6.7795 against the US dollar on Monday, according to the China Foreign Exchange Trade System.
The central parity rate of the yuan has fallen by 8 pips from its previous value.
In China's spot foreign exchange market, the yuan is allowed to fluctuate within a 2% range from the central parity rate each trading day.