The Chinese yuan showed strength against the European currency during early Asian deals on Tuesday. At 9:35 pm ET, the yuan climbed to 10.0766 against the euro, compared to Monday's closing value of 10.0871. If the Chinese currency gains further, 9.99 is seen as the next target level.

The People's Bank of China has set today's central parity rate for the euro-yuan pair at 10.0941.

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