The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 7.0656 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Chinese yuan weakens to 7.0656 against USD Monday
A sea of tulips has blanketed Longjiashan National Forest Park in southwest China's Guizhou Province, drawing crowds as the site enters its peak viewing season.
With warmer spring temperatures, the park in Longli County has come alive over 90,000 tulips burst into bloom, their buds and blossoms turning the landscape into a vibrant wonderland.
Visitors wander along winding paths, pausing to capture the vivid colors and captivating views, eager to preserve the fleeting beauty of the season.
"The tulips are blooming; we came here to take pictures. It's so beautiful, I'm so happy," said Luo Chunli, a tourist.
"I'm feeling very relaxed, the tulips are so colorful. They are the perfect for photography," said Zhou Wen, another tourist.
The park has planted 11 varieties of tulips, mixing early, mid and late-blooming species to extend the viewing season through late March.
Sea of tulips draws crowds as Guizhou forest park enters peak bloom