(Yicai Global) July 15 -- The People's Bank of China strengthened the yuan by 14 basis points against the US dollar this morning from yesterday, fixing the central parity rate at 6.9982.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under the central bank, sets the benchmark on the morning of each business day. Spot rates may deviate 2 percent above or below the figure.

Editor: Emmi Laine