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     BEIJING (MNI) - The People's Bank of China (PBOC) set the dollar-yuan
central parity rate lower for a fourth trading day at 6.9403 on Thursday
compared with Wednesday's 6.9514, the strongest level since Feb 4, 2020. 
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         6.9403   7.7267   6.4488
Prev. fixing           6.9514   7.7667   6.4991
Prev. official close   6.9331       --       --
%Chg y/y                -3.38    -1.68    -7.03
%Chg since Jan 1        +0.48    +1.15    -0.66
%Chg since July '05    +19.25       --       --
     - 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.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: MTABLE,M$A$$$,M$Q$$$,MN$FX$]