# PBOC sets USD/CNY reference rate at 6.7156 vs. 6.7180 previous

> The People's Bank of China set the USD/CNY central parity rate at 6.7156 for the Thursday session, down from 6.7180 the previous day. The fix was about 370 pips weaker than the Reuters estimate of 6.6783.

- Date: 2026-11-05 · published 2026-11-05T03:09:11.170Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/81006-pboc-sets-usd-cny-reference-rate-at-6-7156-vs-6-7180-previous
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A lower USD/CNY fix signals a firmer yuan, which can ease import costs for Chinese feed buyers. The fix sits well above market forecasts, suggesting the central bank is slowing appreciation.

## Read by commodity

- USDCNY: bearish ▼

## Sources

- investinglive.com: https://investinglive.com/central-banks/pboc-sets-usd-cny-reference-rate-for-today-at-6-7156-vs-estimate-at-6-6783/
- fxstreet.com: https://www.fxstreet.com/news/pboc-sets-usd-cny-reference-rate-at-67156-vs-67180-previous-202611050115

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.