The yuan ended a notch weaker at 8.2765 per US dollar on Monday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 3,500 points, implying a rate of 7.928 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 6.20/7.20 percent.
The yuan moves in a band of 8.2760 to 8.2800 enforced by the central bank.
Turnover, a moderate $850 million on Friday, was not immediately available. The yuan weakened to 7.8964 against 100 Japanese yen from 7.8949 on Friday, and firmed against the euro to 10.9970 from 11.0668.