Forex
PBOC sets USD/ CNY reference rate for today at 6.9695 (vs. estimate at 6.9710)

2026-02-02 01:15:00
Earlier:
- China Pres Xi revive push for yuan as reserve currency
The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or “midpoint.”
Previous close 6.9566
more to come
This article was written by Eamonn Sheridan at investinglive.com.



