PBoC is expected to set USD/CNY mid-point at 6.9045 (prev. 6.9457)

Newsquawk Staff · 13 Feb 2026, 00:42 UTC

What it means

The PBoC is adjusting the USD/CNY mid-point to 6.9045 from the previous 6.9457, signaling a stronger yuan amid current economic conditions. This move may reflect the central bank's strategy to control the currency's depreciation and stabilize financial markets, impacting forex markets and potentially influencing the broader risk sentiment in Asia and beyond.

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