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MNI: PBOC Sets Yuan Parity Higher At 7.1996 Tue; -1.92% Y/Y

MNI (BEIJING) - The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 7.1996 on Tuesday, compared with 7.1865 set on Monday. The fixing was estimated at 7.2691 by Bloomberg survey today.

 USD-CNYEUR-CNYJPY-CNY
Today's Fixing7.19967.57994.8384
Prev. Fixing7.18657.59074.8134
Prev. Official Close7.2706----
% Chg Y/Y-1.92+2.36-0.55
% Chg Since Jan. 1-2.46+3.19+3.91
% Chg Since July '05+14.95----

The PBOC started setting daily central parity rates on Jan 4, 2007.

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MNI (BEIJING) - The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 7.1996 on Tuesday, compared with 7.1865 set on Monday. The fixing was estimated at 7.2691 by Bloomberg survey today.

 USD-CNYEUR-CNYJPY-CNY
Today's Fixing7.19967.57994.8384
Prev. Fixing7.18657.59074.8134
Prev. Official Close7.2706----
% Chg Y/Y-1.92+2.36-0.55
% Chg Since Jan. 1-2.46+3.19+3.91
% Chg Since July '05+14.95----

The PBOC started setting daily central parity rates on Jan 4, 2007.

Keep reading...Show less