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PBOC sets USD/ CNY mid-point today at 6.9321 (vs. estimate at 6.8824)

PBOC sets USD/ CNY mid-point today at 6.9321 (vs. estimate at 6.8824)

Central Banks
Eamonn Sheridan
2 hours ago
  • Highest setting for CNY since 11 May 2023
pboc cny yuan cnh 23 September 2025 2

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.

PBOC injects 409.5bn yuan via 7-day reverse repos at 1.4% in open market operations today.

more to come

china yuan cny cnh notes rmb

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