# PBoC raises yuan midpoint by 24 basis points

> The People's Bank of China set the USD/CNY central parity at 6.7156, up 24 basis points from the previous day's 6.7180. The onshore yuan closed at 6.6770 on the prior session and the offshore night session at 6.6755.

- Date: 2026-11-05 · published 2026-11-05T18:08:32.381Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/82102-pboc-raises-yuan-midpoint-by-24-basis-points
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A fixing that is weaker than the onshore spot level signals official resistance to rapid yuan appreciation, which slightly reduces the incentive for Chinese importers to accelerate US dollar purchases of feed ingredients.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-10-21 | [China lifts yuan midpoint to 27-month high \| Financial Post](https://feedsoft.ai/events/50851-china-lifts-yuan-midpoint-to-27-month-high-financial-post.md) | +0.4% | -1.7% |
| 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 | 2020-10-30 | [As China's yuan becomes a Biden election play, PBOC pushes back \| Financial Post](https://feedsoft.ai/events/50847-as-china-s-yuan-becomes-a-biden-election-play-pboc-pushes-back-financial-post.md) | -1.7% | -2.1% |
| USDCNY | 2026-07-31 | [PBOC Seeks to Temper Yuan Rally With Stable Daily Fix \| Financial Post](https://feedsoft.ai/events/18571-pboc-seeks-to-temper-yuan-rally-with-stable-daily-fix-financial-post.md) | -0.1% | -0.5% |
| USDCNY | 2022-06-14 | [China's yuan recovers from 1-month low, Fed, PBOC in focus \| Financial Post](https://feedsoft.ai/events/41172-china-s-yuan-recovers-from-1-month-low-fed-pboc-in-focus-financial-post.md) | -1.0% | -0.5% |

## Sources

- yicai.com: https://www.yicai.com/news/103426574.html

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