(RTTNews) - In Asian deals on Thursday, the Chinese yuan rose against the US dollar. At present, the yuan is worth 6.4425 per dollar and if the Chinese currency gains further, it will break a record high of 6.4395 hit early this week. At yesterday's close, the dollar-yuan pair was quoted at 6.4446.
The People's Bank of China set today's central parity rate for the yuan at 6.4438 per dollar, compared to Wednesday's daily reference rate of 6.4426.
The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 0.5 percent from that level.
