◂ Event Timeline

Nov 13, 2026MACROChina

PBOC sets USD/CNY reference rate for today at 6.7152 (vs. estimate at 6.6756)

The PBOC set the USD/CNY reference rate at 6.7152, against a market estimate of 6.6756. The central bank also injected 364 billion yuan through overnight reverse repos at 1.25% and 300 billion yuan through 7-day reverse repos at 1.4%.

WHY IT MATTERS

The fix came in well above estimates, signalling state support for the yuan, while liquidity injections keep funding conditions stable. Neither move is a major direct driver of feed commodity prices.

AFFECTSChinese Yuan (CNY per USD)▼

SOURCE
investinglive.comEamonn SheridanNov 13, 2026

Price reaction & history

Chinese Yuan (CNY per USD)▼bearish

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

Nov 28, 2023PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)-0.1%
Sep 4, 2017PBOC Sets Central Parity Rate of Yuan Against Dollar at 6.5668-0.5%
Jan 6, 2021China's yuan softens as central bank hints at preference for slower gains - Markets - Business Recorder+0.1%
Jun 21, 2024USD/CNY: PBOC Gives Strongest Boost to Yuan Since April to Manage Decline - Bloomberg+0.1%
Nov 29, 2023Yuan firms on prospects for US rate cuts - Business & Finance - Business Recorder+0.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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