The People’s Bank of China (PBOC) set the yuan’s daily USD/CNY central parity rate at 6.7817 on [date], compared with the previous fix of 6.7808. The latest figure supersedes the earlier record in which 6.7808 was identified as the current fix and 6.7854 as the previous one. The central parity rate guides the yuan’s onshore trading band, which permits movement of up to 2% in either direction from the midpoint. Calculated with reference to a basket of currencies, market supply and demand, and market-maker input, the fix is both a benchmark and a signal of the PBOC’s exchange-rate policy. The marginal weakening suggests the central bank is allowing some market pressure from global dollar strength and China’s slower-than-expected economic recovery to be reflected while seeking to prevent sharp volatility. The rate is closely watched by businesses, investors and traders because it affects currency-conversion costs, trade competitiveness, imported-goods prices and expectations for China’s monetary policy.