# China's yuan may see more volatility vs dollar after basket change | Reuters

> China's new basket for the yuan index includes emerging market currencies, which analysts at OCBC say will offset some of the impact of dollar strength on the index. The change may make the yuan index more volatile against the dollar.

- Date: 2017-01-03 · published 2017-01-03T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/10252-china-s-yuan-may-see-more-volatility-vs-dollar-after-basket-change-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Changes to the currency basket alter how the yuan trades against the dollar and can influence the currency cost of Chinese feed imports.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-01-01 | [China tweaks yuan basket to play down US dollar \| South China Morning Post](https://feedsoft.ai/events/73191-china-tweaks-yuan-basket-to-play-down-us-dollar-south-china-morning-post.md) | -0.1% | -1.0% |
| USDCNY | 2020-10-23 | [Prepare for more volatility in the Chinese yuan, regulator says](https://feedsoft.ai/events/50853-prepare-for-more-volatility-in-the-chinese-yuan-regulator-says.md) | +0.5% | -1.8% |
| USDCNY | 2019-10-20 | [China’s yuan exchange rate ‘appropriate’ after recent weakening, central bank chief says \| South China Morning Post](https://feedsoft.ai/events/56815-china-s-yuan-exchange-rate-appropriate-after-recent-weakening-central-bank.md) | -0.2% | -0.8% |
| USDCNY | 2024-12-31 | [China to lower dollar, euro and yen weightings in CFETS yuan basket in 2025](https://feedsoft.ai/events/27166-china-to-lower-dollar-euro-and-yen-weightings-in-cfets-yuan-basket-in-2025.md) | +0.4% | -0.8% |
| USDCNY | 2019-10-11 | [U.S.-China currency deal won't change dollar-yuan dynamics  experts](https://feedsoft.ai/events/56819-u-s-china-currency-deal-won-t-change-dollar-yuan-dynamics-experts.md) | -0.5% | -1.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-markets-yuan-idUKKBN14N05O/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.