The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 18 pips to 6.7882 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 strengthens to 6.7882 against USD Wednesday
Air China will launch a new route connecting Beijing with Romania's capital Bucharest and Croatia's main city Zagreb, starting Sept 4, the airline announced Tuesday.
The new service will link Beijing Capital International Airport with Zagreb via Bucharest, with flights scheduled for every Monday, Wednesday and Friday.
The new service follows the launch of Air China's Beijing-Venice route in July, as the carrier continues to optimize its European flight network and increase capacity.
The carrier now serves 27 destinations across Europe, operating nearly 260 flights each week.
Air China to launch new route to Romania, Croatia
