# Chinese yuan weakens to 6.6579 against USD Friday - Chinadaily.com.cn

> The central parity rate for the yuan weakened 54 basis points to 6.6579 per US dollar on Friday, according to the China Foreign Exchange Trade System. The yuan is permitted to trade within 2 percent of the central parity each day.

- Date: 2017-08-25 · published 2017-08-25T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/10858-chinese-yuan-weakens-to-6-6579-against-usd-friday-chinadaily-com-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan fixing raises the local-currency cost of dollar-priced feed imports for China, a modest headwind for import demand. The move is small and routine.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-06-29 | [Chinese yuan weakens to 7.0808 against USD Monday_Xinhua Finance Agency](https://feedsoft.ai/events/52827-chinese-yuan-weakens-to-7-0808-against-usd-monday-xinhua-finance-agency.md) | -0.9% | -1.2% |
| USDCNY | 2019-12-09 | [Chinese yuan weakens to 7.0405 against USD Monday_Xinhua Finance Agency](https://feedsoft.ai/events/8446-chinese-yuan-weakens-to-7-0405-against-usd-monday-xinhua-finance-agency.md) | -0.6% | -1.3% |
| USDCNY | 2018-06-28 | [Chinese yuan hits fresh low against USD Wednesday](https://feedsoft.ai/events/64734-chinese-yuan-hits-fresh-low-against-usd-wednesday.md) | +0.5% | +2.8% |
| USDCNY | 2020-05-28 | [The Chinese yuan could weaken to 7.40 per dollar amid US-China tensions](https://feedsoft.ai/events/53379-the-chinese-yuan-could-weaken-to-7-40-per-dollar-amid-us-china-tensions.md) | -0.8% | -1.3% |
| USDCNY | 2026-06-29 | [Chinese Yuan: China slowdown weighs on CNY against US Dollar – Commerzbank](https://feedsoft.ai/events/19039-chinese-yuan-china-slowdown-weighs-on-cny-against-us-dollar-commerzbank.md) | -0.0% | -0.5% |

## Sources

- chinadaily.com.cn: http://www.chinadaily.com.cn/a/201708/25/WS59bb7430a310d4d9ab7e817d.html

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