---
title: "PBOC sets USD/ CNY central rate at 6.9608 (vs. estimate at 6.9598)."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274579674.md"
description: "The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or \"midpoint.\"Previous close 6.9444more to come"
datetime: "2026-02-03T01:15:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274579674.md)
  - [en](https://longbridge.com/en/news/274579674.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274579674.md)
---

# PBOC sets USD/ CNY central rate at 6.9608 (vs. estimate at 6.9598).

The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or "midpoint."

Previous close 6.9444

more to come

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