The yuan ended a notch stronger versus the US dollar at 8.2768 on Monday, but it was still near the stronger end of its managed trading range.
The one-year non-deliverable dollar forward discount versus the yuan was at 1,350 points implying a rate of 8.1430 yuan per dollar in 12 months' time.
NDFs are a transaction where a forward price is agreed between a customer and a bank, but settlement on the value date is undertaken entirely in US dollars.
One-year implied yuan volatility was traded at 5.25/6.00 percent on Monday.
Implied volatility is a measure of how much the options market expects the price of the underlying asset to move during the life of the option.
The yuan moves in a band of 8.2760 to 8.2800 enforced by the central bank.
Turnover was not immediately available. It hit $690 million on Friday. The yuan ended weaker at 7.6739 against 100 Japanese yen from 7.6388, but firmed versus the euro to 10.2559 from 10.2726.
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