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fxJul 27, 2026, 1:16 AM

PBOC Sets Yuan Fix at 6.7911, Stronger Than Previous 6.7939

The People's Bank of China set the daily USD/CNY reference rate at 6.7911 on Monday, down from the prior fix of 6.7939, indicating a slightly stronger yuan guidance.

USDCNY

On Monday, the People's Bank of China (PBOC) set the USD/CNY central parity rate at 6.7911, compared to the previous fixing of 6.7939.

The lower rate signals a modest strengthening of the yuan, as the central bank guides the currency within its managed float. The reference rate serves as the midpoint for daily trading, which is allowed to move within a certain band.

Source: FXStreet Forex News