(Yicai Global) Oct. 9 -- The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under China's central  bank, set the yuan parity rate against the dollar at 7.0728 this morning, weakening the redback by 2 basis  points.
 

CFETS fixes the benchmark parity rate on the morning of each business day. Spot rates may deviate 2 percent above or below the figure.