PBOC Sets Yuan Midpoint at 6.8088 per Dollar, Down 21 Pips

China’s central bank, the People’s Bank of China (PBOC), set the yuan’s central parity rate against the U.S. dollar at 6.8088, 21 pips weaker than the previous session’s 6.8067, according to 36Kr. The prior session’s official close was 6.7935, while the offshore yuan last closed at 6.7880.