Free Trial
LATAM

Global Markets Focus On US Growth Data

OIL

WTI Maintains Discount to Brent

US EURODLR FUTURES

Post-LIBOR Settle Update: Powell Pivot

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Singapore)
     BEIJING (MNI) - The People's Bank of China set the yuan central parity rate
weaker at 6.4003 on Friday, compared with Thursday's 6.3919. PBOC has set the
fixing weaker for the first time after three days of gain.
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         6.4003   7.5496   5.8360
Prev. fixing           6.3919   7.5316   5.8029
Prev. official close   6.3933       --       --
%Chg y/y                +6.34    +0.85    +5.58
%Chg since Jan. 1       +1.86    +3.58    -1.08
%Chg since July '05    +29.31       --       --
     - 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$FX$]

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.