# PBOC central parity sets yuan at 6.7156 per dollar, up 24 basis points

> The People's Bank of China set the official yuan midpoint at 6.7156 per US dollar on November 5, 24 basis points stronger than the previous trading day. The fixing also published rates for other major currencies against the yuan.

- Date: 2026-11-05 · published 2026-11-05T12:08:19.864Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/81626-pboc-central-parity-sets-yuan-at-6-7156-per-dollar-up-24-basis-points
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger official fixing signals Beijing is leaning against yuan weakness, which modestly reduces the cost of US farm purchases for Chinese buyers, though the effect on grain prices is small.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-09-04 | [PBOC Sets Central Parity Rate of Yuan Against Dollar at 6.5668](https://feedsoft.ai/events/9416-pboc-sets-central-parity-rate-of-yuan-against-dollar-at-6-5668.md) | -0.5% | +1.5% |
| USDCNY | 2017-08-30 | [Central Parity Rate of Yuan Against Dollar Declines 191 Basis Points on Wednesday; Chinese Currency Breaches Important Threshold of USD6.6 Yesterday](https://feedsoft.ai/events/10860-central-parity-rate-of-yuan-against-dollar-declines-191-basis-points-on.md) | -1.1% | +0.7% |
| USDCNY | 2016-11-28 | [China’s central bank talks up the yuan against US dollar ‘uncertainties’ \| South China Morning Post](https://feedsoft.ai/events/74062-china-s-central-bank-talks-up-the-yuan-against-us-dollar-uncertainties-south.md) | -0.5% | +0.4% |
| USDCNY | 2023-11-28 | [PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)](https://feedsoft.ai/events/33392-pboc-sets-usd-cny-central-rate-at-7-1132-vs-estimate-at-7-1432.md) | -0.1% | -0.1% |
| USDCNY | 2025-09-06 | [China’s yuan rallies with central bank backing as worries mount over US dollar \| South China Morning Post](https://feedsoft.ai/events/23115-china-s-yuan-rallies-with-central-bank-backing-as-worries-mount-over-us-dollar.md) | -0.1% | -0.2% |

## Sources

- finance.ce.cn: http://finance.ce.cn/fe/gdxw/202611/t20261105_3284180.shtml

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