💱US Dollar/Chinese Yuan FX Spot Rate
USDCNY
▲ PositiveMonetaryrelevance
PBOC sets yuan reference rate weaker than expected, signaling yuan depreciation pressure
Impact on assets 1
Others
PBOC Sets Yuan Reference Rate at 6.7829
2▲1 ▼0Impact / 5
The People's Bank of China set the USD/CNY central parity rate at 6.7829 for Wednesday's trading session, slightly weaker than the previous fix of 6.7809 and compared with a Reuters estimate of 6.7238.
PBOC sets yuan reference rate weaker than expected, signaling yuan depreciation pressure