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MNI: PBOC Sets Yuan Parity Lower At 7.1880 Weds; -2.54% Y/Y

MNI (BEIJING) - The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 7.1880 on Wednesday, compared with 7.1891 set on Tuesday. The fixing was estimated at 7.2845 by Bloomberg survey today.

 USD-CNYEUR-CNYJPY-CNY
Today's Fixing7.18807.58304.7185
Prev. Fixing7.18917.59704.6986
Prev. Official Close7.2840----
% Chg Y/Y-2.54+2.09+5.82
% Chg Since Jan. 1-2.64+3.15+6.55
% Chg Since July '05+15.14----

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 lower at 7.1880 on Wednesday, compared with 7.1891 set on Tuesday. The fixing was estimated at 7.2845 by Bloomberg survey today.

 USD-CNYEUR-CNYJPY-CNY
Today's Fixing7.18807.58304.7185
Prev. Fixing7.18917.59704.6986
Prev. Official Close7.2840----
% Chg Y/Y-2.54+2.09+5.82
% Chg Since Jan. 1-2.64+3.15+6.55
% Chg Since July '05+15.14----

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

Keep reading...Show less