Strait of Hormuz remains blocked: Iran

Iran's Persian Gulf Strait Authority (PGSA), the body responsible for maritime traffic in the Strait of Hormuz, said on Wednesday that the Strait of Hormuz remains blocked and it will not be reopened until Iran's conditions are accepted.

"Claims and repeated posts by U.S. officials that the Strait of Hormuz is no longer blocked do not change the reality," it said in a statement.

U.S. President Donald Trump claimed earlier Wednesday on Truth Social that the United States has "total control" over the Strait of Hormuz and will "keep it".

Strait of Hormuz remains blocked: Iran

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 pips to 6.7888 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 6.7888 against USD Thursday