# 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%.

- Date: 2026-11-13 · published 2026-11-13T03:10:47.932Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/97056-pboc-sets-usd-cny-reference-rate-for-today-at-6-7152-vs-estimate-at-6-6756
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## 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.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-11-28 | [PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)](https://feedsoft.ai/events/33392-pboc-sets-usd-cny-central-rate-at-7-1132-vs-estimate-at-7-1432.md) | -0.1% | -0.1% |
| USDCNY | 2017-09-04 | [PBOC Sets Central Parity Rate of Yuan Against Dollar at 6.5668](https://feedsoft.ai/events/9416-pboc-sets-central-parity-rate-of-yuan-against-dollar-at-6-5668.md) | -0.5% | +1.5% |
| USDCNY | 2021-01-06 | [China's yuan softens as central bank hints at preference for slower gains - Markets - Business Recorder](https://feedsoft.ai/events/12068-china-s-yuan-softens-as-central-bank-hints-at-preference-for-slower-gains.md) | +0.1% | +0.3% |
| USDCNY | 2024-06-21 | [USD/CNY: PBOC Gives Strongest Boost to Yuan Since April to Manage Decline - Bloomberg](https://feedsoft.ai/events/30005-usd-cny-pboc-gives-strongest-boost-to-yuan-since-april-to-manage-decline.md) | +0.1% | +0.1% |
| USDCNY | 2023-11-29 | [Yuan firms on prospects for US rate cuts - Business & Finance - Business Recorder](https://feedsoft.ai/events/33389-yuan-firms-on-prospects-for-us-rate-cuts-business-and-finance-business-recorder.md) | +0.1% | +0.0% |

## Sources

- investinglive.com: https://investinglive.com/central-banks/pboc-sets-usd-cny-reference-rate-for-today-at-6-7152-vs-estimate-at-6-6756/

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