The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 117 pips to 6.9007 against the U.S. dollar Thursday, 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 6.9007 against USD Thursday
Chinese yuan strengthens to 6.9007 against USD Thursday
Iran's response to the latest U.S. proposed text for ending the war was sent on Sunday to the Pakistani mediator, Iran's official news agency IRNA reported.
According to the proposed plan, at this stage, negotiations will focus on ending the war in the region, the IRNA report said.
On Feb 28, Israel and the United States launched joint strikes on Tehran and other cities, killing Iran's then Supreme Leader Ali Khamenei, senior commanders, and civilians. Iran responded with waves of missile and drone attacks targeting Israel and U.S. interests in the region.
A ceasefire took effect on April 8, followed by talks between Iranian and U.S. delegations in Islamabad, Pakistan that failed to produce a deal.
Iran hands over response to US proposal to Pakistan
