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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 6.4744 on Friday, compared with the 6.4824 set on Thursday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.47447.72345.8381

Prev. Fixing

6.4824
7.7326
5.8403

Prev. Official Close

6.4723

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% Chg Y/Y

+9.30

+2.94

+13.24

% Chg Since Jan. 1

+1.04

+3.91

+8.32

% Chg Since July '05

+27.83

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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.