◂ Event Timeline

Mar 9, 2026GEOPOLITICSChina

China's yuan hits one-month low against rebounding dollar as Iran conflict escalates

China's yuan hit a one-month low against a rebounding dollar as the Iran conflict escalated. The article's quote data shows a daily market snapshot with no further detail on the move.

WHY IT MATTERS

A weaker yuan amid escalating Middle East conflict raises China's import costs and can weigh on its feed commodity demand at the margin.

AFFECTSChinese Yuan (CNY per USD)▲

SOURCE
marketscreener.comReutersMar 9, 2026

Price reaction & history

Chinese Yuan (CNY per USD)▲bullishSO FAR1d +0.1%5d -0.0%20d -0.2%

After 14 past bullish geopolitics events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (36% higher; middle half -0.4% to +0.2%), and -0.5% over 20.

Nov 16, 2022China’s yuan slips from 2-month high as blast in Poland hurts sentiment - Markets - Business Recorder+1.3%
Apr 2, 2026China’s yuan slips from 3-week high as Trump vows sustained strikes on Iran - Markets - Business Recorder-0.6%
Mar 9, 2026Offshore Yuan Hits One-Month Low-0.0%
Feb 22, 2022China's yuan weakens as Ukraine-Russia conflict adds to market anxiety | INTERNATIONAL MARKET NEWS - Business Standard-0.3%
May 27, 2020Yuan slumps to 9-mth low on Sino-U.S. tensions, corporate dollar demand | Financial Post-0.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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