PBOC fixes USD/CNY rate at 6.7811, above 6.7208 estimate

The PBOC set the USD/CNY reference rate at 6.7811, higher than the estimated 6.7208. It also injected 353bn yuan via reverse repos.

28/08/2026 07:251 min read

The yuan is allowed to trade within a band of plus or minus 2% from the reference rate set by the PBOC.

  • The central bank injected 333bn yuan through overnight reverse repo operations
  • It also injected 20bn yuan via 7-day reverse repos, with the rate unchanged at 1.4%

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