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PBOC Sets Yuan Parity Slightly Stronger at 6.5861; +1.18% Y/Y

     BEIJING (MNI) - The People's Bank of China set the yuan central parity rate
against the U.S. dollar at 6.5861 Friday, slightly stronger than Thursday's
                      Dlr-CNY  EUR-CNY  JPY-CNY
Today's fixing         6.5861   7.8652   5.8569
Prev. fixing           6.5867   7.8193   5.8538
Prev. official close   6.5934       --       --
%Chg y/y                +1.18    -5.29   +13.30
%Chg since Jan. 1       +5.40    -7.48    +1.26
%Chg since July '05    +25.66       --       --
     The People's Bank of China started setting a daily central parity rate on
Jan. 4, 2007.
     On July 21, 2005, China freed the yuan from its longstanding peg to the
dollar in favor of a managed float with reference to a basket of currencies.
     Starting March 17, 2014, the yuan was allowed to move 2% on either side of
the daily fixing against the dollar.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email:
--MNI BEIJING Bureau; +1 202-371-2121; email:

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