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fxAug 5, 2026, 1:16 AM

PBOC sets USD/CNY fix lower at 6.7889

The People's Bank of China fixed the mid-point at 6.7889 per dollar, down from Wednesday's 6.7917, guiding the yuan slightly stronger.

USDCNY

The People's Bank of China set the USD/CNY central parity rate at 6.7889 on Thursday, compared with the previous day's fix of 6.7917. The lower fix signals a marginally stronger yuan guidance for the trading session.

The daily reference rate sets the midpoint around which the onshore yuan is allowed to trade in a 2% band. The slight downward adjustment follows recent PBOC efforts to manage currency stability.

Source: FXStreet Forex News