(Yicai  Global) Jan. 10 -- The People's Bank of China set the yuan's central  parity rate against the US dollar to the firmest for the redback since  early August.

The PBOC decided on a rate of 6.9351, making the yuan 146 bips stronger than yesterday.

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

-----------------------------