Business · Markets · 1 hr ago
China sets yuan midpoint at 6.7220 per US dollar
On Oct.
16, China set the yuan-dollar midpoint at 6.7220.
The rate is quoted as yuan per US dollar.
The announced midpoint was raised by 33 basis points from its previous setting.
This was a change to the reported reference rate for the day.
The headline gives no reason for the adjustment or details about market trading.
It also does not say what the next midpoint will be.
China set the yuan midpoint at 6.7220 per US dollar on October 16.
The midpoint was raised by 33 basis points.
- Who
- China
- What
- Set the yuan midpoint at 6.7220 per US dollar, up 33 basis points.
- When
- October 16, 2026.
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Midpoint
- 6.7220 yuan per US dollar
- Change
- Up 33 basis points
- Date
- October 16, 2026
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