The RMB yuan gained 0.0346 percent and closed at 8.0912 against per US dollar on the interbank forex market Sept.14, the lowest since China's forex system reform in July, according to a report by Shanghai-based International Finance News. The bottom of the day, 8.0906, was also the lowest since the yuan revaluation in July this year, following a record of 8.0910 the previous day.

The yuan has acctually appreciated by 2.238 percent against per US dollar compared with the closing price of 8.2764 on July 21 when the reform was announced. After two months' slight fluctuation, the RMB strengthened further by 0.23 percent against the US dollar on the basis of the 2 percent revaluation.

Analysts expected that yuan would touch 8.0900, the psychological line. But traders keep vigilant, who do not think RMB would rise much. Even if it managed 8.0900, they say, it would not be there long.

By People's Daily Online