The Chinese yuan weakened against the U.S. dollar in the Asian session on Monday.

Against the U.S. dollar, the yuan fell to a 6-day low of 7.1833 from Friday's closing value of 7.1763.

If the yuan extends its downtrend, it is likely to find support around the 7.22 region.

The People's Bank of China sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.

Grafico Cross US Dollar vs CNY (FX:USDCNY)

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Grafico Cross US Dollar vs CNY (FX:USDCNY)

Da Mag 2023 a Mag 2024 Clicca qui per i Grafici di US Dollar vs CNY