BEIJING, July 24 (Xinhua) -- The Chinese yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).
The CFETS yuan exchange rate composite index, which measures the yuan's strength relative to a basket of currencies, went up 0.02 points from the previous week to 95.96, according to the CFETS.
The index compares the yuan with the value of 24 currencies, including the U.S. dollar, euro, and Japanese yen.