China
European stocks ended lower across the board on Wednesday.
The United Kingdom's FTSE 100 index fell 1.66 percent to close at 10,489.04 points. France's CAC 40 index dropped 2.18 percent to finish at 8,252.66 points. Germany's DAX index declined 2.23 percent to end the session at 24,897.45 points.
European stocks close lower on Wednesday
European stocks close lower on Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 41 pips to 6.8036 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 6.8036 against USD Thursday
