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The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher for a sixth day at 6.4613 on Tuesday, compared with the 6.4546 set on Monday, marking the weakest fixing since May 7.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.46137.69825.8590

Prev. Fixing

6.4546
7.6647
5.8580

Prev. Official Close

6.4705

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% Chg Y/Y

+9.39

+2.89

+13.23

% Chg Since Jan. 1

+1.07

+4.25

+7.93

% Chg Since July '05

+28.09

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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.