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Chinese yuan weakens to 6.8291 against USD Wednesday

China

China

China

Chinese yuan weakens to 6.8291 against USD Wednesday

2026-05-27 16:39 Last Updated At:18:17

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 3 pips to 6.8291 against the U.S. dollar Wednesday, 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 6.8291 against USD Wednesday

Chinese yuan weakens to 6.8291 against USD Wednesday

Chinese yuan weakens to 6.8291 against USD Wednesday

Chinese yuan weakens to 6.8291 against USD Wednesday

Israel said on Wednesday that it had killed Mohammed Odeh, the newly appointed commander-in-chief of Hamas' armed wing, the Al-Qassam Brigades, in a strike in Gaza, while Hamas has not yet responded.

The Israel Defense Forces and Israel's Shin Bet security agency said in a joint statement that Odeh was killed in an operation in Gaza City of northern Gaza Strip.

The statement described Odeh as the head of Hamas' intelligence headquarters, claiming that he was responsible for planning and coordinating the attacks on Oct 7, 2023.

Israeli Defense Minister Israel Katz said in a social media post that Odeh, whom he described as Hamas' fourth-ranking official, had been killed. "We promised that Hamas will not have military or civilian control over Gaza, and so it will be," Katz said.

Hamas did not immediately confirm or comment on the report. Palestinian media reported that Odeh was killed along with his wife, two sons and daughter in a strike in western Gaza City.

Odeh was appointed about a week ago to succeed Izz al-Din al-Haddad, who was killed in an Israeli strike on May 15.

Israel claims killing Hamas new military chief

Israel claims killing Hamas new military chief

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