{
  "id": 10575281,
  "title": "PBOC sets USD/CNY reference rate at 6.7411 vs. 6.7399 previous",
  "url": "https://urgent.news/2026/09/29/pboc-sets-usd-cny-reference-rate-at-6-7411-vs-6-7399-previous",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T01:15:28.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/pboc-sets-usd-cny-reference-rate-at-67411-vs-67399-previous-202609290115"
  },
  "original_language": "en",
  "account": null,
  "summary": "The People's Bank of China (PBOC) has set the USD/CNY reference rate for the upcoming trading session at 6.7411, an increase from the previous day's rate of 6.7399. This adjustment comes as China's central bank aims to maintain price stability, promote economic growth, and implement financial reforms. The PBOC, owned by the state and influenced by the Chinese Communist Party, uses a variety of monetary policy tools, including the LPR, to influence exchange rates and market conditions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}