# MNI INTERVIEW: PBOC Should Be Flexible, Let Yuan ...- 07-31-2025 | MNI

> Economist Yu Yongding told MNI that the yuan will mainly face pressure to appreciate against the dollar and that the PBOC should allow more flexibility. He argued the current exchange rate is broadly aligned with fundamentals.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/23996-mni-interview-pboc-should-be-flexible-let-yuan-07-31-2025-mni
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Expected yuan appreciation could make Chinese imports somewhat cheaper, but this is an expert view rather than a policy change, so the price effect on feed markets is small.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-08-27 | [China economy: PBOC could be trying to shore up the yuan (RMB)](https://feedsoft.ai/events/57792-china-economy-pboc-could-be-trying-to-shore-up-the-yuan-rmb.md) | +0.4% | -0.5% |
| USDCNY | 2019-10-29 | [PBOC set the onshore yuan at its strongest in 2 months](https://feedsoft.ai/events/56809-pboc-set-the-onshore-yuan-at-its-strongest-in-2-months.md) | -0.5% | -0.5% |
| USDCNY | 2026-10-01 | [Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing](https://feedsoft.ai/events/17682-chinese-yuan-hits-strongest-level-since-2022-after-pboc-fixing.md) | -0.0% | -0.7% |
| USDCNY | 2023-05-22 | [Yuan bounces from 5-month low after PBOC pledges to keep market stable \| Financial Post](https://feedsoft.ai/events/36180-yuan-bounces-from-5-month-low-after-pboc-pledges-to-keep-market-stable.md) | +0.8% | +2.5% |
| USDCNY | 2021-12-31 | [Chinese Yuan Reaches 3-Year High With PBOC Reluctant for Stronger CNY in 2022 - Bloomberg](https://feedsoft.ai/events/43814-chinese-yuan-reaches-3-year-high-with-pboc-reluctant-for-stronger-cny-in-2022.md) | +0.1% | -0.2% |

## Sources

- mnimarkets.com: https://www.mnimarkets.com/articles/mni-interview-pboc-should-be-flexible-let-yuan-strengthen-yu-1753957063380

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