The central parity rate of the Chinese currency renminbi, or the yuan, weakened 25 pips to 6.7934 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 6.7934 against USD Friday
The Iranian Foreign Ministry on Thursday condemned a series of U.S. strikes targeting civilian facilities and infrastructure of the country.
Iran's semi-official Tasnim News Agency reported Thursday that U.S. strikes hit residential areas, communications towers, and bridges in many locations, including Bandar Abbas, Sirik Port, and Qeshm Island. The strikes on residential areas in Bandar Abbas reportedly caused casualties and power outages in some neighborhoods.
In a statement, the Iranian Foreign Ministry condemned the attacks against Iran in recent days, especially the strikes on non-military facilities.
These illegal attacks are undoubtedly a flagrant violation of the United Nations Charter and the fundamental principles of international law, the ministry said in a statement.
On the same day, White House press secretary Karoline Leavitt said at a press conference that talks between the United States and Iran were ongoing despite the renewed hostilities, and President Trump "is not going to allow them to fire on ships in the strait without paying a consequence for that", she asserted.
The United States launched another round of strikes against Iran on Thursday, the U.S. Central Command said in a statement.
Iran condemns recent US strikes on civilian facilities, infrastructure
