# PBOC is expected to set the USD/CNY reference rate at 6.6655 – Reuters estimate

> Reuters estimated that the PBOC would set the daily USD/CNY reference rate at around 6.6655. The article describes how the central bank sets the midpoint and how the managed trading band works.

- Date: 2026-11-10 · published 2026-11-10T03:09:20.379Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/90726-pboc-is-expected-to-set-the-usd-cny-reference-rate-at-6-6655-reuters-estimate
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The estimate alone does not change commodity supply or demand, and no actual fixing or market reaction is reported in the text. Any feed-market effect would depend on the eventual exchange-rate move and its impact on Chinese import costs.

## 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 | 2018-04-17 | [China currency moves hang in the balance in U.S. trade spat \| Reuters](https://feedsoft.ai/events/65710-china-currency-moves-hang-in-the-balance-in-u-s-trade-spat-reuters.md) | +0.6% | +1.0% |
| 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 | 2018-05-22 | [RMB rate expected to follow a two-way fluctuation path in 2018 - Chinadaily.com.cn](https://feedsoft.ai/events/65233-rmb-rate-expected-to-follow-a-two-way-fluctuation-path-in-2018-chinadaily-com-cn.md) | +0.5% | +1.5% |
| USDCNY | 2019-11-01 | [No major changes in the yuan’s exchange rate since August](https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august.md) | -0.9% | +0.0% |

## Sources

- investinglive.com: https://investinglive.com/central-banks/pboc-is-expected-to-set-the-usd-cny-reference-rate-at-6-6655-reuters-estimate/

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