News report 💱 Forex 🌍 China

PBOC Sets USD/CNY Reference Rate at 6.7188 on Monday

The People's Bank of China adjusted the USD/CNY central parity rate to 6.7188 on Monday, up from the previous day's level of 6.7168.

🕐 1 min read

1 assets impacted (Forex). Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: USD/CNY → 1/10 (70% confidence).

📊 Affected Assets (1)

USD/CNY
Neutral 🤖 70%
⚡ Intraday 🌍 CN · Explicit

The PBOC set the daily USD/CNY central parity at 6.7188 on Monday, versus 6.7168 the previous day — a marginally higher fixing that leaves the dollar fractionally stronger against the yuan. This is a routine daily fixing with a tiny 0.0020 change, not a policy signal, so market impact should be minimal.

Catalysts
  • • PBOC daily central parity fix on Monday at 6.7188, up from 6.7168
Risk Factors
  • • The change of 0.0020 is well within normal day-to-day fixing noise and carries no policy signal

🧭 Full analysis of these assets

🎯 Key Takeaways

  • The PBOC set the USD/CNY central parity rate at 6.7188 on Monday.
  • The new rate marks a change from the previous day's fixing of 6.7168.

📝 Executive Summary

The People's Bank of China set the USD/CNY central parity rate at 6.7188 for the trading session on Monday. This represents a marginal adjustment from the previous day's fixing of 6.7168, reflecting a slight strengthening of the dollar against the yuan.

❓ FAQ

What did the PBOC set the yuan fixing at?

On Monday the People's Bank of China set the USD/CNY central rate at 6.7188, compared with the previous day's fix of 6.7168, a very slight move that favors the dollar marginally.