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(H2) Approaching The Key Bear Trigger

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     BEIJING (MNI) - The PBOC set the yuan central parity rate at 6.8317 on
Thursday, weaker than 6.8313 on Wednesday. 
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         6.8317   7.9323   6.1615
Prev. fixing           6.8313   7.9277   6.1364
Prev. official close   6.8316       --       --
%Chg y/y                -1.88    -0.58    -1.10
%Chg since Jan. 1       -4.68    -1.42    -6.31
%Chg since July '05    +21.14       --       --
     - 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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