USD/CNY Midpoint Rate Rises to 6.7990 on July 14, Up 18 Basis Points

According to China's interbank foreign exchange market, the USD/CNY midpoint rate rose 18 basis points to 6.7990 on July 14. Most other major currency pairs against the Chinese yuan weakened on the day, including EUR/CNY down 33 points to 7.7367, GBP/CNY down 129 points to 9.0721, and AUD/CNY down 113 points to 4.7015. The Japanese yen also depreciated against the yuan, with 100 JPY down 72 points to 4.1850.
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