The central parity rate of the yuan, China's currency Renminbi (RMB), advanced to 6.7750 per U.S. dollar Friday from 6.7787 per U.S. dollar Thursday, according to the data released by the China Foreign Exchange Trading System.

China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

Related

• China's yuan weaker against USD Thursday
• China's yuan weaker against USD Wenesday
• China's yuan stronger against USD Tuesday
• China's yuan stronger against USD Monday

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