China Sets Yuan Fixing at 6.8036 per Dollar in Interbank FX Market

China’s interbank foreign exchange market set the yuan central parity rate at 6.8036 per U.S. dollar. According to Jin10, the fixing was 41 pips lower, indicating yuan appreciation. The euro was set at 7.7696 yuan, up 82 pips. The Hong Kong dollar was set at 0.86791 yuan, down 1.5 pips. The British pound was set at 9.1098 yuan, up 239 pips. The Australian dollar was set at 4.7150 yuan, up 8 pips. The Canadian dollar was set at 4.7999 yuan, up 83 pips. The rate for 100 Japanese yen was set at 4.1863 yuan, down 74 pips. The yuan was set at 11.2815 per Russian ruble, up 394 pips. The New Zealand dollar was set at 3.8854 yuan, up 197 pips. The yuan was set at 0.59914 per Malaysian ringgit, up 7.3 pips. The Swiss franc was set at 8.4171 yuan, up 11 pips. The Singapore dollar was set at 5.2585 yuan, down 26 pips.