Newsquawk Logo

PBoC is expected to set USD/CNY mid-point at 6.9385 (prev. 6.9608)

The PBoC's adjustment of the USD/CNY mid-point to 6.9385 from 6.9608 suggests a more favorable yuan valuation, which may indicate an easing stance or support for economic stability.

Newsquawk StaffPublished On the live feed at — 10 more headlines followed before this page went public
Newsquawk headlinesUTC

CK Hutchison (1 HK) says it does not agree with the determination and corresponding actions in Panama, and its unit initiates arbitration proceedings against the Republic of Panama

[MARKET UPDATE] Gold resumes upside in early Asia-Pac trade with the precious metal up around 1% and approaches closer towards the USD 5,000/oz level

PBoC is expected to set USD/CNY mid-point at 6.9385 (prev. 6.9608)

LG Energy Solution (373220 KS) is to supply ESS batteries to Hanwha's (009830 KS) US arm, according to Yonhap

[MARKET UPDATE] Asia-Pac stocks are on the back foot as the downbeat mood rolls over into the region, following the tech-related selling on Wall St

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
Context

This shift could reflect the central bank's desire to manage currency strength amid ongoing economic challenges in China, potentially impacting cross-border trade flows and influencing market sentiment in Asia and beyond.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.