PBoC is expected to set USD/CNY mid-point at 6.9109 (prev. 6.9458)

Newsquawk Staff · 11 Feb 2026, 00:43 UTC

What it means

The PBoC's adjustment of the USD/CNY mid-point to 6.9109 from the previous 6.9458 suggests a more accommodative stance, potentially reflecting a desire to support the yuan amid economic pressures. This move could shift market perceptions of currency stability and affect capital flows, with implications for USD dynamics and overall risk sentiment in the region.

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