(Yicai Global) Nov. 27 -- The People's Bank of China strengthened the yuan by 25 bips to 6.5755 against the US dollar this morning. The renminbi has appreciated by 31 bips against the greenback this week.

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