The central parity rate of the Chinese currency renminbi, or the yuan, weakened 20 pips to 6.7188 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 two 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 6.7188 against USD Monday
The train collision in Egypt's Giza governorate occurred on Sunday when a train on the Giza-Fayoum route hit the rear of another on the Cairo-Aswan route, according to the Egyptian National Railways Authority.
The accident took place between Kafr Ammar and Al-Raqqa stations, which has left at least seven dead and more than 100 others injured.
"I was dropping off passengers from the bus when I saw a train standing still on the rail, then another passenger train came at high speed, it didn't appear to slow down or use the brakes. They crashed and both derailed, each flipping onto a different side of the tracks. There were people under the trains. Residents of Gerza rushed over and got welding equipment to cut the trains and rescue people. Farmers also came to assist," said Hegazi El Ablawi, an eyewitness.
Emergency teams and cranes were dispatched to clear the site and move the remaining carriages to restore services in both directions as quickly as possible, the authority said.
The Egyptian Ministry of Health and Population said in a statement that 45 patients had been discharged after they received the necessary treatment and their conditions improved, while seven others were expected to be discharged soon. Other injured were continuing to receive treatment under medical observation.
Earlier, the ministry said in another statement that 72 ambulances took part in rescue and evacuation operations, with the injured transferred to multiple hospitals in Giza and nearby Beni Suef governorate.
Health Minister Khaled Abdel Ghaffar ordered health facilities in both governorates to raise readiness and provide all necessary medical and emergency support to the injured, according to the statement.
Egyptian railway authority says one train hits another's rear when accident occurs
