(Yicai Global) Nov. 23 -- The People's Bank of China strengthened the yuan by 67 bips to 6.5719 against the US dollar today after softening the central parity rate as much as 302 bips on the previous trading day.

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

Editor: Emmi Laine