# China's yuan advances to 3-year high as investors weigh prospects of US-Iran deal - Markets - Business Recorder

> The onshore yuan rose to 6.7803 per dollar, its strongest level since February 2023, as the dollar fell on hopes of a US-Iran deal to reopen the Strait of Hormuz. The PBOC also set its midpoint at 6.8318, the firmest fixing since February 2023.

- Date: 2026-05-25 · published 2026-05-25T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/19484-china-s-yuan-advances-to-3-year-high-as-investors-weigh-prospects-of-us-iran
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan lowers the local cost of imported soybeans and meal, which can support Chinese buying. Weakness in the dollar also tends to lift dollar-priced commodities.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-08-29 | [China’s yuan firms in tight range as investors await key economic data - Markets - Business Recorder](https://feedsoft.ai/events/34801-china-s-yuan-firms-in-tight-range-as-investors-await-key-economic-data-markets.md) | +0.2% | +0.3% |
| USDCNY | 2021-05-31 | [China lifts yuan midpoint to new 3 year high, basket index at highest since 2016 - Markets - Business Recorder](https://feedsoft.ai/events/47318-china-lifts-yuan-midpoint-to-new-3-year-high-basket-index-at-highest-since-2016.md) | +0.5% | +1.4% |
| 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 | 2025-10-28 | [Yuan hits 1-year high on upbeat stocks, trade deal hopes - Markets - Business Recorder](https://feedsoft.ai/events/22633-yuan-hits-1-year-high-on-upbeat-stocks-trade-deal-hopes-markets-business.md) | +0.2% | -0.4% |
| USDCNY | 2024-10-10 | [China’s yuan inches higher as PBOC support offsets dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/11040-china-s-yuan-inches-higher-as-pboc-support-offsets-dollar-strength-markets.md) | +0.6% | +0.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40422729

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