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The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 6.4258 on Wednesday, compared with the 6.4254 set on Tuesday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.42587.80275.9125

Prev. Fixing

6.42547.79445.9014

Prev. Official Close

6.4270

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% Chg Y/Y

+10.29

-1.45

+11.82

% Chg Since Jan. 1

+1.76

+2.85

+6.95

% Chg Since July '05

+28.79

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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