People's Bank of China sets yuan central parity at 6.7898 per USD as renminbi weakens
Question
People's Bank of China sets yuan central parity at 6.7898 per USD as renminbi weakens
Direct answer
Incremental renminbi weakening and daily fixing guide pricing in USD/CNY and USD/CNH, impacting offshore CNH forwards and related carry trades.
- Original publisher
- Market Ontology
- Evidence through
- 2026-08-03
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “People's Bank of China sets yuan central parity at 6.7898 per USD as renminbi weakens”, revision 1, evidence through 2026-08-03. https://marketontology.com/market-events/2026-08-03/people-s-bank-of-china-sets-yuan-central-parity-at-6-7898-per-usd-as-renminbi-we-11dafa
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Sources
Related
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