# PBOC Sets USD/CNY Midpoint at 6.7156, Firmer Than Prior Fix but Weaker Than Estimate

> The People's Bank of China set the USD/CNY reference rate at 6.7156, versus the previous fix of 6.7180. The fix came in weaker for the yuan than a Reuters estimate of 6.6783.

- Date: 2026-11-05 · published 2026-11-05T15:08:49.086Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/81930-pboc-sets-usd-cny-midpoint-at-6-7156-firmer-than-prior-fix-but-weaker-than
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A fix weaker than market estimates signals Beijing is not pushing the yuan stronger, which limits the currency tailwind for Chinese buying of dollar-priced commodities.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-05-27 | [PBOC sets USD/ CNY central rate at 7.1876 (vs. estimate at 7.1842) — TradingView News](https://feedsoft.ai/events/24889-pboc-sets-usd-cny-central-rate-at-7-1876-vs-estimate-at-7-1842-tradingview-news.md) | +0.2% | -0.1% |
| USDCNY | 2021-11-22 | [USD/CNY Flat As PBoC Leaves LPR Unchanged, Hints at Coming Stimulus](https://feedsoft.ai/events/44272-usd-cny-flat-as-pboc-leaves-lpr-unchanged-hints-at-coming-stimulus.md) | +0.0% | -0.2% |
| USDCNY | 2022-11-07 | [PBOC Ends Stronger-Than-Expected Yuan Fixings Amid Covid Bets - Caixin Global](https://feedsoft.ai/events/38904-pboc-ends-stronger-than-expected-yuan-fixings-amid-covid-bets-caixin-global.md) | -3.1% | -4.2% |
| USDCNY | 2017-02-22 | [Across The Border \| Why the PBOC has changed the way it computes the yuan’s daily midpoint \| South China Morning Post](https://feedsoft.ai/events/72720-across-the-border-why-the-pboc-has-changed-the-way-it-computes-the-yuan-s-daily.md) | -0.2% | +0.0% |
| USDCNY | 2024-11-19 | [Yuan steadies at 3-1/2-mth low on firmer-than-expected fix, tighter offshore conditions - Markets - Business Recorder](https://feedsoft.ai/events/27631-yuan-steadies-at-3-1-2-mth-low-on-firmer-than-expected-fix-tighter-offshore.md) | +0.0% | +0.7% |

## Sources

- for-ex.news: https://for-ex.news/en/news/2619408/

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