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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 6.4610 on Tuesday, compared with the 6.4660 set on Monday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.46107.67145.9111

Prev. Fixing

6.4660
7.6725
5.8927

Prev. Official Close

6.4609

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% Chg Y/Y

+8.07

+7.31

+11.59

% Chg Since Jan. 1

+1.22

+4.61

+6.98

% 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.