(Yicai Global) Jan. 18 -- The country's central bank the People's Bank of China set the yuan-dollar central parity rate at 6.7665, thus softening the redback 73 basis points against its green counterpart. 

The rate cumulatively fell 105 basis points against the dollar on Jan. 14, checking the upward trend it had followed since the start of the year.

The dollar index, which measures the greenback against six major currencies, edged up 0.01 percent to 96.0658 yesterday.

Editor: Ben Armour