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The onshore yuan closed the domestic session at 6.78 per dollar, its strongest close since February 3, 2023. The move follows a steady run of gains against the dollar.
A firmer yuan lowers China's dollar cost of imported grains and oilseeds, which can modestly support import demand. The effect on prices is usually small on a single session.
marketscreener.comReutersMay 28, 2026After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.
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.
