Yonhap Infomax NewsChina's central bank set the yuan weaker by 0.05% to 6.9124 per dollar on March 4, marking a slight depreciation from the previous session's interbank closing rate of 6.8997 yuan, as the PBOC continues its managed currency policy amid ongoing market pressures.
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Yuan Weakens 0.05% - Fixed at 6.9124 Yuan
China's central bank set the yuan weaker by 0.05% to 6.9124 per dollar on March 4, marking a slight depreciation from the previous session's interbank closing rate of 6.8997 yuan, as the PBOC continues its managed currency policy amid ongoing market pressures.