# Yuan hits fresh multi-year peak as PBOC eases curb ahead of Trump-Xi summit | Reuters

> China's yuan strengthened to its highest level since January 2023 against the dollar, reaching 6.6957 per dollar in early trade. The People's Bank of China softened its curb on appreciation ahead of the Trump-Xi leaders' meeting that week.

- Date: 2026-09-21 · published 2026-09-21T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/17679-yuan-hits-fresh-multi-year-peak-as-pboc-eases-curb-ahead-of-trump-xi-summit
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan can raise Chinese buying power for dollar-priced imports such as soybeans and meal, a modest support for feed prices, though the effect is small.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-10-26 | [China’s yuan climbs to fresh 4-year high ahead of key policy meetings By Reuters](https://feedsoft.ai/events/17257-china-s-yuan-climbs-to-fresh-4-year-high-ahead-of-key-policy-meetings-by-reuters.md) | -0.2% | — |
| USDCNY | 2017-01-05 | [Dollar eases off 14-year peak as yuan's jump spooks investors](https://feedsoft.ai/events/10247-dollar-eases-off-14-year-peak-as-yuan-s-jump-spooks-investors.md) | +0.1% | -1.0% |
| 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% |
| USDCNY | 2026-01-28 | [Yuan hits fresh 32-month high as dollar tumbles, PBOC boosts guidance \| MarketScreener](https://feedsoft.ai/events/21277-yuan-hits-fresh-32-month-high-as-dollar-tumbles-pboc-boosts-guidance.md) | -0.2% | -1.2% |
| USDCNY | 2022-01-26 | [China's Currency Hits Four-Year High as PBOC Stands Back](https://feedsoft.ai/events/6265-china-s-currency-hits-four-year-high-as-pboc-stands-back.md) | +0.6% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/yuan-hits-fresh-multi-year-peak-pboc-eases-curb-ahead-trump-xi-summit-2026-09-21/

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