# China's onshore yuan finishes domestic session at 6.78 per dollar, strongest such close since Feb. 3, 2023 | MarketScreener

> 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.

- Date: 2026-05-28 · published 2026-05-28T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/19486-china-s-onshore-yuan-finishes-domestic-session-at-6-78-per-dollar-strongest
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

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.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-12-30 | [USDCNY: Yuan Climbs Past 7 Per Dollar Onshore for First Time Since 2023](https://feedsoft.ai/events/21738-usdcny-yuan-climbs-past-7-per-dollar-onshore-for-first-time-since-2023.md) | -0.3% | -0.8% |
| USDCNY | 2020-09-30 | [China’s yuan records best performance against dollar since 2008 - MarketWatch](https://feedsoft.ai/events/51316-china-s-yuan-records-best-performance-against-dollar-since-2008-marketwatch.md) | -0.4% | -1.3% |
| USDCNY | 2019-11-05 | [China: Yuan surges past 7 per dollar for the first time since August](https://feedsoft.ai/events/56293-china-yuan-surges-past-7-per-dollar-for-the-first-time-since-august.md) | -0.3% | +0.3% |
| USDCNY | 2026-02-01 | [China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023](https://feedsoft.ai/events/21278-china-sets-yuan-fixing-stronger-than-7-for-first-time-since-2023.md) | -0.2% | -1.0% |
| USDCNY | 2026-07-31 | [Offshore Yuan Holds at Strongest Level Since 2023](https://feedsoft.ai/events/18573-offshore-yuan-holds-at-strongest-level-since-2023.md) | -0.1% | -0.5% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/china-s-onshore-yuan-finishes-domestic-session-at-6-78-per-dollar-strongest-such-close-since-feb-3-ce7f5ddad989f721

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