Business · Markets · 1 hr ago

China sets yuan-dollar midpoint at 6.7298 on Oct. 13

China sets yuan-dollar midpoint at 6.7298 on Oct. 13

China set the yuan’s central parity rate against the US dollar at 6.7298 on Oct.

13.

The rate is quoted as yuan per US dollar.

It was 15 basis points higher than the previous setting.

The announcement concerns the yuan-dollar exchange rate in China.

The reported figure is the central parity rate.

No further details or next steps were given.

Sources

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