# Chinese yuan weakens to 6.8292 against USD Tuesday_Xinhua Finance Agency

> The yuan's central parity rate weakened 72 basis points to 6.8292 against the dollar on Tuesday. The fix is based on a weighted average of market maker prices before the interbank market opens.

- Date: 2017-06-27 · published 2017-06-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/11187-chinese-yuan-weakens-to-6-8292-against-usd-tuesday-xinhua-finance-agency
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan fix raises the dollar cost of Chinese imports at the margin, a slight headwind for feed demand. The move is a routine fixing change with limited commodity impact.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- en.xfafinance.com: http://en.xfafinance.com/html/Markets/Currencies/2017/343582.shtml

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