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China Weakens Yuan Fixing for Fourth Session as Dollar Advances

China Weakens Yuan Fixing for Fourth Session as Dollar Advances
Bloomberg Markets Wednesday 24 June 2026, 02:09 UTC By Charlie Zhu, Wenjin Lv 1 min read
Key Points

Currencies China Weakens Yuan Fixing for Fourth Session as Dollar Advances China’s central bank set the daily guidance rate for the yuan weaker for a fourth straight session, showing flexibility in the currency management to the US dollar’s advance. The People’s Bank of China sets the daily reference for the yuan at 6.8195 per dollar on Wednesday, down from 6.8171 a day earlier. That was the longest streak of weaker fixings since April 2025, according to Bloomberg data.

Currencies China Weakens Yuan Fixing for Fourth Session as Dollar Advances China’s central bank set the daily guidance rate for the yuan weaker for a fourth straight session, showing flexibility in the currency management to the US dollar’s advance. The People’s Bank of China sets the daily reference for the yuan at 6.8195 per dollar on Wednesday, down from 6.8171 a day earlier. That was the longest streak of weaker fixings since April 2025, according to Bloomberg data. [Image text:] Re OOr 1993088212
China (LOCATION) US (LOCATION) The People’s Bank of China (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

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