The Chinese yuan strengthened slightly against the US dollar, reaching a parity rate of 7.187.

The Chinese yuan strengthened by 0.0031 to a central parity rate of 7.187 against the US dollar on December 23, reported the China Foreign Exchange Trade System. The yuan's daily fluctuation is allowed within a 2% range in China's spot market. The central parity rate is determined by a weighted average of market makers' prices before the interbank market opens each day.

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