Event Brief
Nov 26, 2025 at 1:02 AM ET
China sets strongest yuan fix in over a year
By The BriefBrief
China's central bank sets yuan's reference rate at 7.0796, the strongest since October 2024, amid Fed-cut expectations.
WHO: People's Bank of China
WHAT: Set yuan's daily reference rate
WHEN: Nov 25, 2025 at 7:00 PM ET
WHERE: China
WHY: To strengthen the yuan amid expectations of a US Federal Reserve rate cut
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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