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fxJul 17, 2026, 1:16 AM

PBOC sets USD/CNY reference rate at 6.7934 vs 6.7909 previous

The People's Bank of China set the USD/CNY central rate at 6.7934 for the upcoming trading session, compared to the previous fix of 6.7909 and the Reuters estimate of 6.7734.

USDCNY

The People's Bank of China (PBOC) set the USD/CNY central parity rate at 6.7934 for Friday's trading session, up from the previous fix of 6.7909.

The new fix is also notably above the Reuters estimate of 6.7734, indicating further weakening of the yuan against the US dollar. The PBOC sets the daily reference rate to guide moves within a 2% band.

Source: FXStreet Forex News