The Chinese yuan that rose to a 2-day high of 9.7288 against the euro at 9:20 pm ET Thursday slipped thereafter. At present, the euro-yuan pair is worth 9.7380 and this may be compared to yesterday's close of 9.7404. If the Chinese yuan weakens further, it may likely target the 9.810 level.

The People's Bank of China has set today's central parity rate for the euro-yuan pair at 9.7379.

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