Yuan´s mid point set at 7.2672

The central Bank set the mid point of the yuan's exchange rate against the dollar at a post-revaluation high at 7.2672 on Friday.

The central Bank set the mid point of the yuan''s exchange rate against the dollar at a post-revaluation high at 7.2672 on Friday.

The yuan has now appreciated a further 11.6 percent since it was revalued. The yuan may rise or fall half a 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 hit its post-floatation peak of 7.2614 on Wednesday.