# China lifts yuan midpoint, but trade weighted value falls to lowest since 2021

> On July 1 the PBOC set the yuan midpoint at 7.1534 per dollar, its strongest since November 2024. The yuan's trade-weighted index fell to 95.15, its lowest since January 2021, showing weaker value against major trading partners.

- Date: 2025-07-01 · published 2025-07-01T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/23991-china-lifts-yuan-midpoint-but-trade-weighted-value-falls-to-lowest-since-2021
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker trade-weighted yuan makes Chinese buyers' imports of US feed ingredients relatively more expensive in some cases, while the bilateral strength versus the dollar is a mixed signal for feed prices.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-08-31 | [China lifts yuan midpoint to highest since July 2019 on persistent dollar weakness \| The Straits Times](https://feedsoft.ai/events/51834-china-lifts-yuan-midpoint-to-highest-since-july-2019-on-persistent-dollar.md) | -0.3% | -0.8% |
| 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 | 2019-12-26 | [China lifts yuan midpoint to strongest in 4-1/2 months \| Financial Post](https://feedsoft.ai/events/55801-china-lifts-yuan-midpoint-to-strongest-in-4-1-2-months-financial-post.md) | -0.6% | -1.3% |
| USDCNY | 2018-04-02 | [China Sets Yuan Mid-Point At Highest Level Since 2015 Devaluation - Babypips.com](https://feedsoft.ai/events/65712-china-sets-yuan-mid-point-at-highest-level-since-2015-devaluation-babypips-com.md) | +0.5% | +1.0% |
| USDCNY | 2026-02-01 | [China's yuan hits 32-month high as PBOC carefully lifts midpoint](https://feedsoft.ai/events/21276-china-s-yuan-hits-32-month-high-as-pboc-carefully-lifts-midpoint.md) | -0.2% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/emerging/china-lifts-yuan-midpoint-trade-weighted-value-falls-lowest-since-2021-2025-07-01/

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