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MNI (Singapore)
     BEIJING (MNI) - The People's Bank of China set the yuan central parity rate
at 6.3763 Friday, weaker than Thursday's 6.3679. The central bank has set the
fixing weaker for three trading days out of five this week.
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         6.3763   7.5188   5.7517
Prev. fixing           6.3679   7.5220   5.7693
Prev. official close   6.3671       --       --
%Chg y/y                +8.23    +2.00    +7.63
%Chg since Jan. 1       +2.28    +4.00    +0.37
%Chg since July '05    +29.79       --       --
     - PBOC started setting daily central parity rates on Jan 4, 2007.  
- On July 21, 2005, China switched to a managed float against a basket of
currencies, freeing the yuan's peg to the dollar.  
- Since March 17, 2014, the yuan has been allowed to move 2% on either side of
the daily fixing against the dollar.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: MTABLE,M$A$$$,M$Q$$$,MN$FX$]

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