Chinese yuan strengthens to 7.0996 against USD Monday
BEIJING, March 25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 8 pips to 7.0996 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
（Editor:Liao Yifan）
