China Raises Yuan Fixing by 12 Pips to 6.7208

China’s yuan central parity was raised by 12 pips to 6.7208 on Oct. 19, its strongest fixing since Feb. 2, 2023, according to Bitget market data cited by BlockBeats.

Daily fixing

The move was measured against the previous day’s central parity. The fixing is an official reference rate and does not represent every onshore or offshore spot-market quote.

Source: BlockBeats flash.