(Yicai Global) April 30 -- The People's Bank of China fixed the yuan's central parity rate against the dollar at 6.7286 today, 24 basis points lower than yesterday's one-month nadir. A lower rate means a stronger yuan.

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

Editor: James Boynton