(Yicai  Global) Feb. 11 -- The China Foreign Exchange Trade System, the  interbank trading and foreign exchange division under China's central  bank, weakened the yuan's central parity rate against the US dollar by  34 bips to 6.9897 this morning.

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

Editor: Emmi Laine