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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower for a sixth trading day on Wednesday at 6.9168, following Tuesday's 6.9325.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.9168

8.2579

6.5659

Prev. Fixing

6.9325

8.2328

6.5388

Prev. Official Close

6.9257

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--

% Chg Y/Y

+1.51

-5.41

+0.92

% Chg Since Jan. 1

+0.58

-5.36

-2.44

% Chg Since July '05

+19.65

--

--

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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