The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 pips to 6.7895 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 weakens to 6.7895 against USD Thursday
The U.S. dollar weakened in late trading on Wednesday.
The dollar index, which measures the greenback against six major peers, fell 0.18 percent to 99.676 at 1900 GMT.
In late New York trading, the euro rose to 1.1553 dollars from 1.1533 dollars in the previous session, and the British pound was up to 1.3469 dollars from 1.3452 dollars in the previous session.
The U.S. dollar bought 157.67 Japanese yen, higher than 157.66 Japanese yen in the previous session. The U.S. dollar lost to 0.8069 Swiss francs from 0.8092 Swiss francs, and it dropped to 1.4008 Canadian dollars from 1.4066 Canadian dollars.
The U.S. dollar decreased to 9.4832 Swedish kronor from 9.5192 Swedish kronor.
U.S. dollar ticks down
