The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The USD/CNY exchange rate was trading at 6.8365, its lowest level since April 2023.

PBOC sets USD/CNY reference rate at 6.9228 vs. 6.9321 previous

08:15pm, Wednesday, 25'th Feb 2026

PBOC sets USD/CNY reference rate at 6.9228 vs. 6.9321 previous

USD/CNY: Gradual decline toward 6.7 – TD Securities

06:42pm, Wednesday, 25'th Feb 2026

USD/CNY: Gradual decline toward 6.7 – TD Securities

USD/CNY: Watching fix as downside bias persists – OCBC

03:42pm, Wednesday, 25'th Feb 2026

USD/CNY: Watching fix as downside bias persists – OCBC

PBOC sets USD/CNY reference rate at 6.9321 vs. 6.9414 previous

08:15pm, Tuesday, 24'th Feb 2026

PBOC sets USD/CNY reference rate at 6.9321 vs. 6.9414 previous

USD/CNY forecast: Here's why the Chinese yuan firing on all cylinders

11:16pm, Monday, 23'rd Feb 2026

The USD/CNY exchange rate continued its strong downward trend this week, reaching its lowest level since April 2023. It dropped to a low of 6.8955, down sharply from the all-time high of 7.3500 as the

PBOC sets USD/CNY reference rate at 6.9414 vs. 6.9398 previous

08:15pm, Monday, 23'rd Feb 2026

PBOC sets USD/CNY reference rate at 6.9414 vs. 6.9398 previous

USD/CNY: Gradual downside seen with tariff shifts – MUFG

04:03pm, Monday, 23'rd Feb 2026

USD/CNY: Gradual downside seen with tariff shifts – MUFG

USD/CNY: Gradual reflation and policy easing guide CNY path – MUFG

05:17pm, Friday, 13'th Feb 2026

USD/CNY: Gradual reflation and policy easing guide CNY path – MUFG

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