PBoC is expected to set USD/CNY mid-point at 6.9108 (prev. 6.8911)

Newsquawk StaffPublished 26 Mar 2026, 00:38 UTC

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00:27

OpenAI is backing a new AI startup Isara which aims to build software allowing AI “agents” to communicate and solve complex problems in industries such as finance and biotech, according to WSJ

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00:18

PBoC is expected to set USD/CNY mid-point at 6.9108 (prev. 6.8911)

00:12

Explosions were heard in Isfahan, central Iran, according to Al Hadath citing sources

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Context

The PBoC is adjusting the USD/CNY mid-point to a higher level, which suggests a modest depreciation of the yuan against the dollar. This move may reflect the central bank's response to external pressures or a strategic shift in their forex policy. Traders should be aware of potential capital flows and currency valuation impacts in response to this adjustment.

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