(Yicai Global) Jan. 16 - The country's central bank the People's Bank of China set the yuan-dollar central parity rate at 6.7615, thus softening the redback 73 basis points against its green counterpart to arrest its rising trend in the nine trading days since the start of the year.

The dollar index, which measures the greenback against six major currencies, rose 0.45 percent to 96.0388 yesterday.

Editor: Ben Armour