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The People's Bank of China (PBOC) set the dollar-yuan central parity rate slightly lower at 6.4529 on Monday, compared with the 6.4577 set on Friday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.45297.66745.8785

Prev. Fixing

6.4577
7.6679
5.8729

Prev. Official Close

6.4565

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--

% Chg Y/Y

+5.79

+5.36

+9.41

% Chg Since Jan. 1

+1.29

+4.66

+7.57

% Chg Since July '05

+28.25

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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.