China
Major European stocks closed higher on Thursday.
The benchmark FTSE 100 Index in London rose 0.46 percent to 10,372.93 points. France's CAC 40 gained 0.93 percent to 8,082.27 points. The German stock market index DAX advanced 1.32 percent to 24,456.26points.
European stocks close higher
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 14 pips to 6.8415 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 weakens to 6.8415 against USD Friday
