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Oil prices settled mixed on Tuesday.
The West Texas Intermediate for November delivery gained 40 cents, or 0.43 percent, to settle at 94.14 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery lost 96 cents, or 0.9 percent, to settle at 105.69 U.S. dollars a barrel on the London ICE Futures Exchange.
Crude futures settle mixed
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 49 pips to 6.7249 against the U.S. dollar Wednesday, 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 6.7249 against USD Wednesday
