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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower on Tuesday at 6.8364, compared with Monday's 6.8386.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.8364

8.0781

6.4314

Prev. Fixing

6.8386

8.0958

6.4347

Prev. Official Close

6.8302

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--

% Chg Y/Y

+4.74

-3.08

+3.75

% Chg Since Jan. 1

+1.99

-3.25

-0.40

% Chg Since July '05

+21.06

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--

The PBOC started setting daily central parity rates on Jan 4, 2007.

On July 21, 2005, China switched to a managed-float formula against a basket of currencies, weakening the yuan's peg to the dollar.

Since March 17, 2014, the yuan has been allowed to move 2% in a range on either side of the daily fixing against the dollar.

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