# PBOC sets USD/CNY central rate at 6.7167 (vs. estimate at 6.6655)

> The PBOC set the USD/CNY central rate at 6.7167, compared with the Reuters estimate of 6.6655. The yuan is allowed to trade within a 2% band around the daily reference rate.

- Date: 2026-11-10 · published 2026-11-10T03:09:20.251Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/90724-pboc-sets-usd-cny-central-rate-at-6-7167-vs-estimate-at-6-6655
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The fixing was weaker for the yuan than the estimate implied, which could modestly raise the local-currency cost of imported commodities. The fixing alone is a limited driver of feed-market prices.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 2020-07-24 | [USD/CNY Rises Back Above 7 on Talks PBoC Is Pausing Easing](https://feedsoft.ai/events/52327-usd-cny-rises-back-above-7-on-talks-pboc-is-pausing-easing.md) | +0.1% | -1.3% |
| 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 | 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

- investinglive.com: https://investinglive.com/central-banks/pboc-sets-usd-cny-central-rate-at-6-7167-vs-estimate-at-6-6655/

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