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The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 6.4527 on Friday, compared with the 6.4330 set on Thursday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.45277.59015.8795

Prev. Fixing

6.4330
7.6025
5.8833

Prev. Official Close

6.4447

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% Chg Y/Y

+4.87

+5.57

+10.01

% Chg Since Jan. 1

+1.48

+5.73

+7.55

% Chg Since July '05

+28.26

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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.