# China’s yuan climbs to fresh 4-year high ahead of key policy meetings By Reuters

> China's yuan climbed to a fresh four-year high against the dollar on Oct 26, extending its winning streak as softer oil prices and Treasury yields weighed on the greenback. The PBOC midpoint was 6.7162, weaker than a Reuters estimate.

- Date: 2026-10-26 · published 2026-10-26T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/17257-china-s-yuan-climbs-to-fresh-4-year-high-ahead-of-key-policy-meetings-by-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and firmer yuan lower China's import costs at the margin, though the PBOC's managed pace limits the effect on feed prices.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-09-21 | [Yuan hits fresh multi-year peak as PBOC eases curb ahead of Trump-Xi summit \| Reuters](https://feedsoft.ai/events/17679-yuan-hits-fresh-multi-year-peak-as-pboc-eases-curb-ahead-of-trump-xi-summit.md) | +0.2% | -0.3% |
| USDCNY | 2021-10-19 | [China's yuan jumps to 4-month high as property concerns ebb \| Reuters](https://feedsoft.ai/events/7481-china-s-yuan-jumps-to-4-month-high-as-property-concerns-ebb-reuters.md) | -0.7% | -0.6% |
| USDCNY | 2026-07-31 | [China’s offshore yuan hits 3-year high as Beijing signals policy support \| South China Morning Post](https://feedsoft.ai/events/18569-china-s-offshore-yuan-hits-3-year-high-as-beijing-signals-policy-support-south.md) | -0.1% | -0.5% |
| USDCNY | 2022-06-16 | [China’s yuan climbs to week high after expected Fed move - Markets - Business Recorder](https://feedsoft.ai/events/41169-china-s-yuan-climbs-to-week-high-after-expected-fed-move-markets-business.md) | -0.2% | +0.7% |
| USDCNY | 2023-01-12 | [Yuan hovers at 5-month high ahead of US CPI; FX demand for tourism may pick up \| Reuters](https://feedsoft.ai/events/37984-yuan-hovers-at-5-month-high-ahead-of-us-cpi-fx-demand-for-tourism-may-pick-up.md) | +0.1% | +0.1% |
| DXY | 2024-07-24 | [Dollar falls, short yen trades squared ahead of BOJ and Fed meetings \| Reuters](https://feedsoft.ai/events/29461-dollar-falls-short-yen-trades-squared-ahead-of-boj-and-fed-meetings-reuters.md) | +0.7% | -1.3% |
| DXY | 2022-06-16 | [China’s yuan climbs to week high after expected Fed move - Markets - Business Recorder](https://feedsoft.ai/events/41169-china-s-yuan-climbs-to-week-high-after-expected-fed-move-markets-business.md) | -0.7% | +1.5% |
| DXY | 2022-11-01 | [China's yuan bounces from 15-year low as dollar bulls retreat \| Reuters](https://feedsoft.ai/events/38900-china-s-yuan-bounces-from-15-year-low-as-dollar-bulls-retreat-reuters.md) | -1.0% | -3.2% |

## Sources

- investing.com: https://www.investing.com/news/economy-news/chinas-yuan-climbs-to-fresh-4year-high-ahead-of-key-policy-meetings-4971368

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