--- title: "China sets yuan fix at ¥7.0358 per dollar, well below market estimate to slow appreciation" type: "News" locale: "en" url: "https://longbridge.com/en/news/270817428.md" description: "On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7. 0358 per dollar, which is 301 pips weaker than what traders and analysts had guessed in a Bloomberg survey. To make matters worse, that difference is the biggest miss since 2018, and Beijing’s decision came right after the […] source:" datetime: "2025-12-26T03:14:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270817428.md) - [en](https://longbridge.com/en/news/270817428.md) - [zh-HK](https://longbridge.com/zh-HK/news/270817428.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/270817428.md) | [繁體中文](https://longbridge.com/zh-HK/news/270817428.md) # China sets yuan fix at ¥7.0358 per dollar, well below market estimate to slow appreciation On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7. 0358 per dollar, which is 301 pips weaker than what traders and analysts had guessed in a Bloomberg survey. To make matters worse, that difference is the biggest miss since 2018, and Beijing’s decision came right after the \[…\] source: https://www.cryptopolitan.com/china-sets-yuan-fix-at-%c2%a57-0358-per-dollar/ ## Related News & Research - [UniCredit - as of YE25 group MREL equal to 30.6% of RWA, 10% of LRE](https://longbridge.com/en/news/281399909.md) - [BankThink Prediction markets offer good clean fun, ethical headaches](https://longbridge.com/en/news/281533116.md) - [Marines reassures families over ICE presence at graduation ceremony](https://longbridge.com/en/news/281558680.md) - [BJP promises ₹5 trillion infra push in Assam, free LPG cylinders in Kerala](https://longbridge.com/en/news/281229180.md) - [China's central bank maintains sovereign bond purchase pace in March](https://longbridge.com/en/news/281501049.md)