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10Y Puts

The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 6.5409 on Friday, compared with the 6.5463 set on Thursday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.54097.79435.9838

Prev. Fixing

6.5463

7.7692

5.9590

Prev. Official Close

6.5490

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% Chg Y/Y

+7.79

+1.30

+8.37

% Chg Since Jan. 1

-0.14

+2.96

+5.68

% Chg Since July '05

+26.53

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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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