BEIJING - The Chinese currency renminbi, or yuan, weakened 15 basis points to 6.1475 against the US dollar on Friday, according to the China Foreign Exchange Trading System.

In China's foreign exchange spot market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Widen the trading band of the yuan	Yuan exchange rate's floating range widened