Chinese c.bank says yuan mid-point at 7.5648/dlr

The central bank set the mid-point of the yuan's exchange rate against the dollar on Thursday as follows.

Mid-point Previous day's mid-point Previous day's close

7.5648 7.5759 7.5748

SOURCE: The People's Bank of China, the central bank, issues the data through the interbank market, the China Foreign Exchange Trade System (www.chinamoney.com.cn).

The yuan has now appreciated a further 7.21 percent since it was revalued by 2.1 percent to 8.11 per dollar on July 21, 2005, and freed from a dollar peg to float within managed bands.

The yuan may rise or fall 0.5 percent from its mid-point each day, but it has moved only a small fraction of its band in most trading sessions since the floating rate regime was introduced.

The yuan's traded peak since it was floated is 7.5543 to the dollar, reached on July 25.