The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 6.8175 against the U.S. dollar Monday, 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 6.8175 against USD Monday
As record-breaking temperatures grip the country, France is facing not only a public health emergency but also a deepening divide over how to adapt to a warming climate.
The debate now is whether the country should install more air conditioning — or find other ways to help people stay cool.
The stakes could hardly be higher.
France has recorded at least 1,000 excess deaths during the blistering heatwave sweeping across Europe, said the public health agency on Sunday, which warned that the true figure is likely to be higher.
Across the country, air conditioners and even basic fans have been selling out, with many people desperate for some kind of relief, especially those living in small apartments where nighttime offers little respite.
"My apartment is top floor, south facing, so it's really, really, really hot in there and after the last heat wave I was able to get my hands on an air conditioner, so it's been a lot better manageable now," said Jessica, a French resident.
The political right has argued that France needs to get serious about installing air conditioning in more homes, particularly for elderly people and those most vulnerable to extreme heat.
But the left is pushing back hard, saying mass air conditioning is not the answer. They argue that it may cool one apartment, but it adds pressure on the electricity grid and pumps even more hot air back into already overheated streets.
"That (installing air conditioning) is a short-term solution just for our comfort when we have committed so long to not contributing further to climate change," said a resident.
France swelters as heatwave deaths mount, political divide over cooling deepens
