The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 17 pips to 6.7313 against the U.S. dollar Monday, 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 6.7313 against USD Monday
The 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group officially kicked off on Monday in Bangkok, Thailand, with participants expected to focus their discussions on global economic policy coordination and international development cooperation.
Running from Monday to Sunday at Queen Sirikit National Convention Center, the meetings have attracted more than 15,000 policymakers, economists, officials, business executives, and journalists from 191 countries and regions.
Participants will exchange views in plenary sessions, ministerial meetings, panel discussions and press conferences on a range of issues, including the global economy and financial markets, development financing, and the opportunities and challenges presented by emerging technologies.
Topics such as AI and employment, along with mobilizing private capital for investment and development, will also feature prominently on the agenda.
These discussions are intended to explore ways to unlock further investment potential and advance infrastructure development, creating new drivers of economic growth and job creation.
As the host country, Thailand hopes to raise its international profile and present itself as a regional economic hub and a destination for major international conferences.
IMF, World Bank annual meetings open in Bangkok
