The central parity rate of the Chinese currency renminbi, or the yuan, weakened 145 pips to 6.9056 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 weakens to 6.9056 against USD Thursday
The U.S. dollar strengthened in late trading on Wednesday.
The dollar index, which measures the greenback against six major peers, went up 0.18 percent to 99.614 at 15:00 (1900 GMT).
In late New York trading, the euro rose to 1.1578 dollars from 1.1569 dollars in the previous session, and the British pound was up to 1.3382 dollars from 1.3366 dollars in the previous session.
The U.S. dollar bought 159.28 Japanese yen, higher than 159.14 Japanese yen in the previous session. The U.S. dollar was down to 0.791 Swiss francs from 0.7918 Swiss francs, and it added to 1.3808 Canadian dollars from 1.3783 Canadian dollars.
The U.S. dollar fell to 9.332 Swedish Kronor from 9.3669 Swedish Kronor.
U.S. dollar ticks up
