{"id":440670,"date":"2026-10-23T09:40:07","date_gmt":"2026-10-23T02:40:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/pboc-sets-usd-cny-reference-rate-for-today-at-6-7180-vs-estimate-at-6-6758-440670\/"},"modified":"2026-10-23T09:40:07","modified_gmt":"2026-10-23T02:40:07","slug":"pboc-sets-usd-cny-reference-rate-for-today-at-6-7180-vs-estimate-at-6-6758","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/pboc-sets-usd-cny-reference-rate-for-today-at-6-7180-vs-estimate-at-6-6758-440670\/","title":{"rendered":"PBOC sets USD\/ CNY reference rate for today at 6.7180 (vs. estimate at 6.6758)"},"content":{"rendered":"<div>\n<p style=\"margin-top: 0;margin-bottom: 1rem;font-family: system-ui, -apple-system, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Noto Sans&quot;, &quot;Liberation Sans&quot;, Arial, sans-serif, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Noto Color Emoji&quot;;font-style: normal;font-weight: 400;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">The PBOC allows the yuan to fluctuate within a +\/- 2% range, around this reference rate. More <a href=\"https:\/\/investinglive.com\/central-banks\/pboc-is-expected-to-set-the-usd-cny-reference-rate-at-6-6758-reuters-estimate\/\" rel=\"follow\">here <\/a>on this.<\/p>\n<ul>\n<li>Bank injects 258bn yuan via overnight reverse repos, no 7-day RRs<\/li>\n<\/ul>\n<p style=\"margin-top: 0;margin-bottom: 1rem;font-family: system-ui, -apple-system, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Noto Sans&quot;, &quot;Liberation Sans&quot;, Arial, sans-serif, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Noto Color Emoji&quot;;font-style: normal;font-weight: 400;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">&#8212;<\/p>\n<p style=\"margin-top: 0;margin-bottom: 1rem;font-family: system-ui, -apple-system, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Noto Sans&quot;, &quot;Liberation Sans&quot;, Arial, sans-serif, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Noto Color Emoji&quot;;font-style: normal;font-weight: 400;letter-spacing: normal;text-indent: 0;text-transform: none;word-spacing: 0;white-space: normal;font-size: 16px\">As background on the overnight OMOs:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/education\/explainer-china-eyes-overnight-rate-as-main-policy-tool-what-it-means-for-markets\" target=\"_blank\" rel=\"follow\">Explainer: China eyes overnight rate as main policy tool, what it means for markets<\/a><\/li>\n<\/ul>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The PBOC allows the yuan to fluctuate within a +\/- 2% range, around this reference rate. More here on this. Bank injects 258bn yuan via overnight reverse repos, no 7-day RRs &#8212;&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-440670","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=440670"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440670\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=440670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=440670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=440670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}