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     BEIJING (MNI) - The Chinese yuan weakened to 6.3707 against the U.S. dollar
on Friday from Thursday's 6.3671 closing, following today's lower fixing. 
     The PBOC set the yuan central parity rate at 6.3763 Friday, weaker than
Thursday's 6.3679.
     Interbank market rates fell after the PBOC skipped its open market
operations, leaving liquidity condition unchanged this morning.
  - 7-day repo average fell to 2.6785% from 2.7557% Thursday; 
  - Overnight repo average dropped to 2.5421% from 2.5612% Thursday. 
     Yield on 10-year China Government Bond last traded 3.7100%, unchanged from
the close on Thursday: Wind Information.
The Shanghai Composite Index was up 0.43% to 3167.87 at 11:00 am, while Hong
Kong's Hang Seng Index was last up 0.18% at 30,998.43. 
--MNI Beijing Bureau; +86 10 85325998; email:
--MNI Beijing Bureau; +86 10 8532 5998; email:
[TOPICS: M$A$$$,M$Q$$$,M$$FI$,MN$FI$,MN$FX$]

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