(Yicai Global) Aug. 26 -- The People's Bank of China lowered the yuan's central parity rate against the dollar by 2 basis points this morning, fixing the central parity rate at 7.0570 compared with last trady day's 7.0572.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under the central bank, sets the benchmark parity rate on the morning of each business day. Spot rates may swing 2 percent above or below this figure.