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China's yuan weakened slightly to 7.0928 vs. dollar, with central bank injections boosting liquidity.
The People's Bank of China set the yuan’s central parity rate at 7.0928 against the U.S. dollar on October 24, 2025, a slight decline from the previous day’s close of 7.1235.
The rate, determined before the market opens, reflects daily market dynamics within China’s managed floating exchange system, allowing a 2% fluctuation band.
The PBOC also injected 168 billion yuan into the financial system via open market operations at a 1.4% rate, maintaining liquidity.
While market estimates had projected a higher midpoint of 7.1192, the actual rate indicates a more stable yuan, consistent with ongoing efforts to manage currency value and financial conditions.
El yuan chino se debilitó ligeramente a 7.0928 frente al dólar, con las inyecciones del banco central impulsando la liquidez.