# PBOC Sets USD/CNY Midpoint at 6.7188, Slightly Weaker Than Previous 6.7168 Fix

> The People’s Bank of China set the USD/CNY midpoint at 6.7188, up slightly from the previous fixing of 6.7168. The modest change indicates a marginally weaker official yuan reference rate and does not, by itself, signal a policy shift.

- Date: 2026-11-09 · published 2026-11-09T15:24:24.935Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/89814-pboc-sets-usd-cny-midpoint-at-6-7188-slightly-weaker-than-previous-6-7168-fix
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A slightly weaker yuan can raise the local-currency cost of imported feed ingredients, though this small daily adjustment is unlikely to materially alter prices or buying decisions.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-03-15 | [USD/CNH is flashing green as PBOC fixed CNY midpoint at weakest since Mar. 15, 2017 — Octa](https://feedsoft.ai/events/72224-usd-cnh-is-flashing-green-as-pboc-fixed-cny-midpoint-at-weakest-since-mar-15.md) | -0.4% | -0.3% |
| 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 | 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 | 2020-11-09 | [China sets yuan midpoint at 28-month high after Joe Biden wins presidency \| Financial Post](https://feedsoft.ai/events/50361-china-sets-yuan-midpoint-at-28-month-high-after-joe-biden-wins-presidency.md) | -0.4% | -1.0% |
| 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% |

## Sources

- for-ex.news: https://for-ex.news/en/news/2619684/

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