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fxAug 12, 2026, 1:15 AM

PBOC Lowers USD/CNY Fix to 6.7882, Yuan Strengthens Slightly

The People's Bank of China set the daily reference rate at 6.7882, lower than the previous fix of 6.7900, implying a modestly stronger yuan.

USDCNY

The People's Bank of China (PBOC) set the USD/CNY central parity rate at 6.7882 for the trading session ahead. That compares with the previous day's fix of 6.7900, indicating a slightly stronger yuan.

The adjustment was minor, with the rate moving just 18 pips lower. The fix came in against a backdrop of cautious currency management by Chinese authorities.

Source: FXStreet Forex News