Business · Markets · 1 hr ago

China sets yuan midpoint at 6.7168 per US dollar

China sets yuan midpoint at 6.7168 per US dollar

On Nov.

6, China’s yuan midpoint against the US dollar was 6.7168.

The figure is the yuan’s central parity rate against the dollar.

It was 12 basis points lower than the previous setting.

The update gives the day’s reported midpoint, but no further context about the change is provided.

The figure concerns the exchange rate between China’s currency and the US dollar.

No next steps are stated.

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