Moderate selling of U.S. dollars by banks near the session’s end provided support for China’s yuan, which ended unchanged against the U.S. unit Friday despite a higher dollar-yuan central parity.

On the over-the-counter market, the dollar ended at CNY6.8310 around 0930 GMT, unchanged from Thursday’s close. It traded between CNY6.8310 and CNY6.8320. Read the rest of this entry »