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fxJul 15, 2026, 1:16 AM

PBOC Sets USD/CNY Reference Rate at 6.7910

The People's Bank of China set the USD/CNY central parity at 6.7910 for Wednesday, slightly stronger than the previous day's fix of 6.7990.

USDCNY

The People's Bank of China (PBOC) set the USD/CNY reference rate at 6.7910 on Wednesday, compared to 6.7990 in the previous session. The new fix is also lower than the Reuters estimate of 6.7695.

The central parity rate serves as a daily guidance for the onshore yuan trading band. The slight strengthening of the fixing suggests a measured approach by the PBOC in managing the currency's value.

Source: FXStreet Forex News