PBOC sets USD/ CNY mid-point today at 7.0187 (vs. estimate at 6.9896)

January 7, 2026
-FXnews

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). On a monthly basis, headline CPI was flat (0.0%).

Underlying measures also edged lower but remained elevated. The trimmed mean CPI, the Reserve Bank of Australia’s preferred gauge of core inflation, slowed to 3.2% y/y from 3.3%, broadly in line with expectations. On a monthly basis, trimmed mean inflation rose 0.3%, unchanged from October

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