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BEIJING (MNI)

The People's Bank of China (PBOC) set the dollar-yuan central parity rate slightly higher at 6.5333 on Friday, compared with the 6.5361 set on Thursday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.53337.9582

6.3024

Prev. Fixing

6.5361

7.9656

6.3089

Prev. Official Close

6.5320

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% Chg Y/Y

+7.28

-2.65

+1.28

% Chg Since Jan. 1

+6.65

-1.79

+1.64

% Chg Since July '05

+26.67

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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.

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