(Yicai Global) July 19 --  China's central bank set the central parity rate between the Chinese  yuan and the US dollar at 6.8635 today, 126 basis points firmer for the  redback than yesterday.

The China Foreign Exchange  Trade System, the interbank trading and foreign exchange division under  the People's Bank of China, fixes the benchmark rate on the morning of  each business day. Spot rates may deviate 2 percent above or below the  figure.

Editor: Emmi Laine