The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 176 pips to 6.8982 against the U.S. dollar Tuesday, 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.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Chinese yuan strengthens to 6.8982 against USD Tuesday
Russian President Vladimir Putin held a phone conversation with U.S. President Donald Trump on Monday evening at the latter's request, Russian presidential aide Yuri Ushakov said.
The conversation focused on the Iran conflict and the trilateral negotiations on a Ukraine settlement and lasted about one hour, Ushakov said.
Putin expressed a number of considerations aimed at the earliest political and diplomatic settlement of the Iran conflict, including taking stock of the contacts held with the leaders of the Persian Gulf countries, Iran's president, and the leaders of other countries.
The U.S. president provided his assessment of the evolving situation in the context of the ongoing U.S.-Israeli military operation.
Ushakov said Trump once again expressed his interest in seeing the conflict in Ukraine end with the earliest possible establishment of a ceasefire to achieve a long-term settlement.
Putin, Trump discuss Iran conflict, Ukraine settlement in phone call
