# Chinese yuan heads for first monthly loss since July - Markets - Business Recorder

> China's yuan edged up 0.11% to 6.9053 per dollar on Tuesday after strong manufacturing data, but was still on track for its first monthly decline since July. The dollar was heading for its biggest monthly gain since July as the Middle East conflict boosted safe-haven demand. The PBOC set its midpoint at 6.9194.

- Date: 2026-03-31 · published 2026-03-31T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/20385-chinese-yuan-heads-for-first-monthly-loss-since-july-markets-business-recorder
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan against a stronger dollar raises the cost of dollar-priced feed imports for China, which can soften its import appetite at the margin. Safe-haven dollar strength also tends to pressure dollar-denominated commodity prices.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-04-28 | [China’s yuan rebounds, but looks set for a losing month - Markets - Business Recorder](https://feedsoft.ai/events/36604-china-s-yuan-rebounds-but-looks-set-for-a-losing-month-markets-business-recorder.md) | -0.2% | +2.2% |
| USDCNY | 2022-09-23 | [China’s yuan ends near 28-month low, set for worst week since April - Markets - Business Recorder](https://feedsoft.ai/events/8606-china-s-yuan-ends-near-28-month-low-set-for-worst-week-since-april-markets.md) | +0.6% | +2.3% |
| USDCNY | 2025-09-26 | [China’s yuan touches 3-week low, looks set for biggest weekly drop since July - Markets - Business Recorder](https://feedsoft.ai/events/23111-china-s-yuan-touches-3-week-low-looks-set-for-biggest-weekly-drop-since-july.md) | -0.2% | -0.2% |
| USDCNY | 2021-03-31 | [Yuan off lows on upbeat PMI data, but set for worst month since Aug 2019 - Markets - Business Recorder](https://feedsoft.ai/events/48331-yuan-off-lows-on-upbeat-pmi-data-but-set-for-worst-month-since-aug-2019-markets.md) | -0.5% | -1.3% |
| USDCNY | 2021-08-31 | [Yuan slips on signs of China slowdown, set for 3rd month of decline - Markets - Business Recorder](https://feedsoft.ai/events/45781-yuan-slips-on-signs-of-china-slowdown-set-for-3rd-month-of-decline-markets.md) | +0.0% | -0.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40414024

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