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PBOC sets yuan parity against dollar at 6.5314, stronger

Published 02/04/2016, 10:29 PM
Updated 02/04/2016, 10:31 PM
© Reuters.  Yuan parity stronger

Investing.com - The yuan rose against the U.S. dollar Friday after another stronger fixing from the People's Bank of China. The yuan last traded at 6.5690 against the U.S. unit compared with Thursday's official close price of 6.5777. The PBOC set the yuan central parity at a one-month high of 6.5314 after the dollar index fell 0.73% overnight.

Share prices declined but trading was light because many investors have left for the weeklong Chinese New Year holiday. The benchmark Shanghai Composite
Index was last down 0.44%. Hong Kong's Hang Seng Index was up 0.45%.

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