# PBOC Nudges Yuan Higher, Sets USD/CNY Reference: 6.7188

> The People’s Bank of China set Monday’s USD/CNY central parity rate at 6.7188, compared with 6.7168 at the previous fixing. The rate provides the official reference for onshore yuan trading during the upcoming session.

- Date: 2026-11-09 · published 2026-11-09T09:22:44.744Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/89254-pboc-nudges-yuan-higher-sets-usd-cny-reference-6-7188
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The fixing indicates a slight weakening of the yuan against the dollar; currency movements can affect the cost of imported feed and commodities for Chinese buyers, though this small adjustment is unlikely to have a material price impact.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-11-07 | [CNY/USD: China Sets Yuan Fix at Weakest Since 2023 - Bloomberg](https://feedsoft.ai/events/6857-cny-usd-china-sets-yuan-fix-at-weakest-since-2023-bloomberg.md) | +0.7% | +1.3% |
| USDCNY | 2018-06-27 | [USD/CNY rises to highest since December 19 - Forex Crunch](https://feedsoft.ai/events/8532-usd-cny-rises-to-highest-since-december-19-forex-crunch.md) | +0.9% | +2.9% |
| USDCNY | 2026-06-29 | [PBoC sets USD/CNY fix above forecasts, hinting at managed yuan depreciation as growth concerns linger - VT Markets](https://feedsoft.ai/events/19038-pboc-sets-usd-cny-fix-above-forecasts-hinting-at-managed-yuan-depreciation-as.md) | -0.0% | -0.5% |
| USDCNY | 2022-10-25 | [China’s Yuan CNY USD Drops as PBOC Sets Fix at Weakest Level in 14 Years - Bloomberg](https://feedsoft.ai/events/6933-china-s-yuan-cny-usd-drops-as-pboc-sets-fix-at-weakest-level-in-14-years.md) | +0.6% | -1.7% |
| USDCNY | 2026-08-24 | [PBoC sets USD/CNY fixing above Reuters estimate, prompting yuan volatility and derivatives positioning - VT Markets](https://feedsoft.ai/events/18096-pboc-sets-usd-cny-fixing-above-reuters-estimate-prompting-yuan-volatility-and.md) | +0.1% | -0.4% |

## Sources

- tradingpedia.com: https://www.tradingpedia.com/2026/11/09/pboc-nudges-yuan-higher-sets-usd-cny-reference-6-7188/

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