FX/Exchange Rates “USD/CNY in the Mid-6.70s = Chinese Yuan”: Minor Currencies, 30 September 2026

Following the People's Bank of China's setting of the USD/CNY central parity rate at 6.7351 yuan, USD/CNY remained in the mid-6.70s. The yen is expected to continue strengthening against the yuan, reaching around ¥23.31.

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The story

The People's Bank of China set the USD/CNY central parity rate at 1 USD = 6.7351 yuan. The yuan strengthened by 0.0060 points from 6.7411 yuan the previous day, reportedly contributing to a weaker dollar and stronger yuan. As a result, USD/CNY remained around the mid-6.70s.

Reflecting current USD/CNY levels, USDCNY was quoted at 6.7045 and CNYJPY at 23.332. Compared with the previous day's close, reports indicated that the yuan's decline had moderated.

In yen-based trading, the yen remained strong, and CNYJPY moved in the low ¥23.3 range alongside USD/CNY. Market participants are urging caution over future changes in trading levels.

At a glance

Reference priceThe USD/CNY central parity rate was set at 6.7351 yuan.

Day-on-day comparisonThe yuan strengthened by 0.0060 points from 6.7411 yuan the previous day.

Closing levelThe previous day's close was around 6.7060 yuan.

USDCNY6.7045。

CNYJPY23.332。

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