The Chinese currency renminbi, or yuan, strengthened 9 basis points to 6.1556 against the U.S. dollar on Tuesday, 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 U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
China yuan strengthens amid down trend
2014-04-28China yuan strengthens to 6.1565 against USD Monday
2014-04-28China yuan strengthens to 6.1576 against USD on Friday
2014-04-25China yuan strengthens to 6.1589 against USD on Thursday
2014-04-24China yuan strengthens to 6.1599 against USD on Wednesday
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