BEIJING (MNI) - The reserve assets which developing countries have no choice but to hold are subject to possible depreciation risk because of potential swings in the values of the reserve currencies that they are denominated in, a People's Bank of China official has warned.

BEIJING (MNI) - The People's Bank of China set the yuan's central parity rate at 6.7973 to the U.S. dollar on Friday, higher than the previous trading day's central parity of 6.8003.

Today's parity was set below the record high of 6.7685 on Aug.9.

The yuan finished at 6.8084 against the U.S. dollar on the over-the-counter (OTC) market Thursday, higher than Wednesday's close of 6.8115.

BEIJING (MNI) - The People's Bank of China injected CNY70 billion yuan into the interbank market this week, according to Market News International calculations, after removing CNY91 billion last week.

The yield on the CNY13 billion in three-month paper sold at auction remained unchanged for an ninth straight sale, traders said.

The bank earlier drained CNY5 billion from the market via 91-day bond repurchase agreements.

An incorrect version of this story ran at 21:35 ET. The corrected version follows:

BEIJING (MNI) - The People's Bank of China set the yuan's central parity rate at 6.8003 to the U.S. dollar on Thursday, higher than the previous trading day's central parity of 6.8126.

Today's parity was set below the record high of 6.7685 on Aug.9.

The yuan finished at 6.8115 against the U.S. dollar on the over-the-counter (OTC) market Wednesday, lower than Tuesday's close of 6.8074.

BEIJING (MNI) - The People's Bank of China set the yuan's central parity rate at 6.8015 to the U.S. dollar on Thursday, lower than the previous trading day's central parity of 6.7768.

Today's parity is set below the record high of 6.7685 on Aug.9.

The yuan finished at 6.7750 against the U.S. dollar on the over-the-counter (OTC) market Wednesday, down from Tuesday's close of 6.7720.

BEIJING (MNI) - The People's Bank of China announced that it will sell CNY13 billion in three-month bills on Thursday as part of its open market operations.

People's Bank of China open market operations:

For Week 3M 3M 1Y 1Y 3Y 3Y Net Starting: volume yield volume yield volume coupon Position CNY bln pct CNY bln pct CNY bln pct CNY bln

BEIJING (MNI) - The People's Bank of China set the yuan's central parity rate at 6.8126 to the U.S. dollar on Wednesday, lower than the previous trading day's central parity of 6.8105.

Today's parity was set below the record high of 6.7685 on Aug.9. The central parity is the lowest since June 21's 6.8275, the first fixing following the government's June 19 pledge of greater exchange flexibility.

The yuan finished at 6.8074 against the U.S. dollar on the over-the-counter (OTC) market Tuesday, lower than Monday's close of 6.8030.

BEIJING (MNI) - Sales by overseas central banks could see a sharp fall in gold prices, the Financial News reported Wednesday, citing Zou Pingzuo, a central bank researcher.

"Investors should be careful about investing in gold. Gold prices could fall sharply because of intensive gold sales by the U.S. and other overseas central banks," Zou said.

The researcher's comments were delivered at the launch of a gold investment competition.

China currently holds 33.89 million ounces of gold, according to PBOC data.