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Jun 23, 20262
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Chinese Yuan Weakens to 6.8171 Against U.S. Dollar on June 23
On June 23, the Chinese yuan's central parity rate against the U.S. dollar fell 21 pips to 6.8171, as announced by the China Foreign Exchange Trade System. The yuan is allowed to fluctuate by 2 percent from this rate in the spot market, and the rate is calculated based on a weighted average of market makers' prices before the interbank market opens.
Quick Facts
Who
China Foreign Exchange Trade System
What
central parity rate weakened
When
June 23
Where
China
- central parity rate weakened
- China Foreign Exchange Trade System
- 21 pips
- 6.8171
- 2 percent
The central parity rate of the Chinese yuan weakened by 21 pips to 6.8171 against the U.S. dollar on Tuesday, June 23, according to the China Foreign Exchange Trade System. This decline reflects a slight depreciation of the renminbi in the global foreign exchange market.
Why This Matters
The weakening of the yuan's central parity rate directly impacts the cost of imports and exports for businesses trading with China, as well as the returns on yuan-denominated assets. Investors and companies with exposure to Chinese markets should monitor this trend, as further depreciation could affect profit margins and portfolio valuations. The 2% fluctuation band also provides a buffer but signals potential volatility.
Timeline & Sources
Jun 23, 2026
WireChina Foreign Exchange Trade System announces central parity rates for 25 currencies