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Yuan Weakens to 6.7829 Against USD Amid Wednesday Trading

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The Chinese yuan weakened to 6.7829 against the US dollar on Wednesday, according to the China Foreign Exchange Trade System.

This represents a decrease of 20 pips from the previous central parity rate.

In China's spot foreign exchange market, the yuan is allowed to fluctuate by up to 2 percent from the central parity rate each trading day.

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