In the spot market, the onshore yuan opened at 6.4685 per dollar and was changing hands at 6.4716 at midday, 15 pips weaker than the previous late session close
The dollar index, tracking the greenback against major currencies, is on course for a 0.5% gain this week, which would be close to its biggest weekly gain in about a month.
Against the greenback, the euro steadied at $1.1831, recovering from an early April low of $1.1772 hit before the Powell testimony in the previous session.