(Yicai Global) Dec. 14 -- The People's Bank of China strengthened the yuan by 44 basis points to 6.5361 against the US dollar this morning, making the central parity rate firmer for the third straight trading day.

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 midpoint.

Editor: Emmi Laine