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Chinese yuan strengthens to 6.9929 against USD Friday

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Chinese yuan strengthens to 6.9929 against USD Friday

2026-01-23 11:45 Last Updated At:01-25 12:45

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 90 pips to 6.9929 against the U.S. dollar Friday, 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 strengthens to 6.9929 against USD Friday

Chinese yuan strengthens to 6.9929 against USD Friday

Chinese Vice Premier Zhang Guoqing said Tuesday that China is willing to collaborate with all parties to ensure nuclear energy better supports the development and prosperity of all nations.

Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during the second Nuclear Energy Summit in Paris which he attended as Chinese President Xi Jinping's special representative.

Zhang said China has always adhered to a sensible, coordinated, and balanced nuclear security strategy proposed by President Xi and has made concrete contributions to promoting the global development of nuclear energy.

China is willing to work with all parties to jointly implement the Global Development Initiative, the Global Security Initiative, the Global Civilization Initiative and the Global Governance Initiative, and promote nuclear energy innovation-driven development, safety foundation building, industrial collaboration and win-win cooperation, so that nuclear energy can better benefit the development and prosperity of all countries, he said.

Zhang noted that China stands ready to join hands with all parties to make new contributions in building a clean, beautiful and sustainable world and a community with a shared future for humanity.

Heads of state, government leaders and senior representatives from over 30 countries, as well as heads of relevant international organizations, attended the summit and issued a joint statement titled "Safe and affordable nuclear energy for all."

Chinese vice premier calls for global nuclear cooperation

Chinese vice premier calls for global nuclear cooperation

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