◂ Event Timeline

Aug 25, 2026MACROChina

Chinese yuan slips from 3-1/2-year high after PBOC signals unease over rapid gains - Markets

The yuan eased from a 3-1/2-year high after the PBOC set its midpoint at its widest weak-side deviation from market estimates in six months. The yuan has risen about 4% against the dollar this year.

WHY IT MATTERS

The central bank is leaning against rapid yuan gains to protect export competitiveness, which limits the currency's impact on import costs.

AFFECTSChinese Yuan (CNY per USD)◆

SOURCE
brecorder.comReutersAug 25, 2026

Price reaction & history

Chinese Yuan (CNY per USD)◆neutralSO FAR1d -0.0%5d -0.0%20d -0.3%

After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), and -0.0% over 20.

Oct 22, 2021China's yuan eases after regulator warn of possible actions to counter higher fluctuations - Markets - Business Recorder-0.0%
Feb 1, 2023China’s yuan steadies ahead of Fed decision - Markets - Business Recorder+0.5%
Apr 28, 2026China's yuan steady as traders await Fed meet - Markets - Business Recorder+0.1%
Nov 19, 2024Yuan steadies at 3-1/2-mth low on firmer-than-expected fix, tighter offshore conditions - Markets - Business Recorder+0.0%
Sep 22, 2023China’s yuan bounces on state bank support, offshore tightness - Markets - Business Recorder-0.1%

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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