ForexMedium•8 October 2026•
1 min read
PBOC Sets Yuan Reference Rate at 6.7367 Against US Dollar
Key Facts
1The PBOC set the USD/CNY reference rate at 6.7367, coming in higher than the market estimate of 6.7254.
The People's Bank of China set the USD/CNY reference rate at 6.7367 on October 8, 2026. According to investinglive.com, this fixing was higher than market estimates of 6.7254, representing a weaker midpoint for the Yuan as Chinese markets resumed operations.
The fixing follows the conclusion of the Golden Week holiday and reflects the central bank's strategy regarding currency stability. By setting the rate above expectations, the PBOC indicates a tolerance for Yuan depreciation amid broader macroeconomic shifts, including recent US trade data impacting regional forex volatility.