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fxJul 22, 2026, 1:16 AM

PBOC Fixes USD/CNY at 6.7933, Up from 6.7917

The People's Bank of China set the USD/CNY reference rate at 6.7933 on Wednesday, slightly higher than the previous day's fix of 6.7917.

USDCNY

The People's Bank of China (PBOC) set the USD/CNY central parity rate at 6.7933 for Wednesday's trading session, compared to the previous fix of 6.7917. The new rate is also below the Reuters estimate of 6.7737.

The daily reference rate serves as a guidance for the currency's allowed trading band of 2% on either side. The modest upward adjustment reflects the PBOC's continued management of the yuan's exchange rate amid ongoing economic conditions.

Source: FXStreet Forex News