USD/CNY Exchange Rate Last Monday (2026-11-02) — Steel Quot

This page archives USD/CNY levels for Monday 2026-11-02 (Asia/Shanghai) and compares them with the mid-week snapshot on Wednesday 2026-11-04, for China steel-plate exporters quoting FOB in USD. It replaces the former Applications-2 slug with a date-clear URL. Figures are market observations — not forecasts.

USD/CNY Last Monday — 2026-11-02 (Asia/Shanghai)

Reference	Level (approx.)	Source note
Daily USD/CNY	~6.6498	Market daily print for 2026-11-02
PBOC USD/CNY central parity	~6.7146	From SMM / parity table wraps for that Monday

Compare vs Today (2026-11-04)

Item	2026-11-02 (Mon)	2026-11-04 (Wed)
PBOC fix	~6.7146	6.7180 (prev day 6.7150, +30 points)
Spot / daily area	~6.6498 daily	Spot/mid ~6.66–6.68 (e.g. ~6.6758); prior onshore close ~6.6718; offshore ~6.6673

Week-start vs mid-week reading: the PBOC parity edged higher from about 6.7146 on Monday toward 6.7180 by Wednesday (+ about 34 points over those two sessions on the fix alone). Spot/daily prints also moved up from the Monday ~6.6498 area into the mid-6.66s. In USD/CNY terms that is a slightly weaker CNY / stronger dollar print over the first half of the week — a small move, but visible on short-validity export offers.

Steel Plate Quoting Implications

Exporters billing FOB USD while costing in RMB should treat Monday’s lower spot (~6.6498) and Wednesday’s higher band (~6.66–6.68) as a reminder to (1) timestamp every offer, (2) name the FX basis, and (3) avoid copying last week’s USD number without checking conversion. A move from ~6.65 toward ~6.67–6.68 means each USD invoice converts into somewhat more CNY than at Monday’s print, all else equal — helpful for CNY costs, but not a substitute for mill-price discipline. Buyers comparing Monday vs Wednesday quotes should ask whether the mill changed the USD plate price, the FX basis, or both.

Full “today” detail: USD/CNY Exchange Rate Today (2026-11-04) — Steel Plate Quoting Notes.

Frequently Asked Questions

What was the USD/CNY exchange rate last Monday 2026-11-02?

Market daily USD/CNY was about 6.6498; the PBOC central parity that Monday was around 6.7146 (SMM / parity table). Confirm with primary sources before using in a contract.

How did Monday’s levels compare with Wednesday 2026-11-04?

The fix moved from ~6.7146 to 6.7180; spot/daily moved from ~6.6498 into roughly 6.66–6.68. That is a modest week-start to mid-week rise in USD/CNY (slightly weaker CNY on these prints).

Why did this page change slug from China-exchange-rate-Applications-2?

The Applications-2 filename was a leftover duplicate-pattern name. The new slug USD-CNY-Exchange-Rate-Last-Monday-2026-11-02 states the content clearly. The old URL will 404 until a redirect is added on the site’s 301 list.

How should steel RFQs use Monday vs Wednesday FX prints?

Do not mix dates. If an offer was calculated on Monday’s ~6.6498 spot basis, say so. If re-quoted on Wednesday, update both the plate USD number and the FX note, or keep the plate price and show the FX change explicitly.

Is the PBOC fix enough to settle a plate invoice?

Usually no. The fix is the official reference; banks settle near dealable onshore spot or an agreed forward. Put the conversion rule in the contract or proforma.

Where is today’s USD/CNY steel quoting note?

See USD/CNY Exchange Rate Today (2026-11-04) — Steel Plate Quoting Notes for the 6.7180 fix and same-day spot band.

Disclaimer

Snapshots only. Not investment or hedging advice. Re-check live bank feeds before any commercial FX conversion tied to steel-plate RFQs.