# China's yuan rises after midpoint set at highest in nearly 8 months — TradingView News

> China's central bank set the yuan midpoint at 7.1586 per dollar, its strongest since November 2024, and the spot yuan firmed in early trade. The PMI rose to 49.7 in June from 49.5, still in contraction, while Chinese exports have so far absorbed reciprocal tariffs with limited damage.

- Date: 2025-06-30 · published 2025-06-30T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/24427-china-s-yuan-rises-after-midpoint-set-at-highest-in-nearly-8-months-tradingview
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A firmer yuan lowers the cost of China's feed and grain imports in local terms, which can support import demand for soybeans, meal and corn, though the effect on feed prices is modest.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-07-01 | [China yuan hits 8-month high as Trump's tax bill dents dollar — TradingView News](https://feedsoft.ai/events/23995-china-yuan-hits-8-month-high-as-trump-s-tax-bill-dents-dollar-tradingview-news.md) | +0.1% | +0.2% |
| USDCNY | 2019-11-06 | [China sets yuan midpoint at three-month high \| Financial Post](https://feedsoft.ai/events/56292-china-sets-yuan-midpoint-at-three-month-high-financial-post.md) | +0.2% | +0.5% |
| 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 | 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% |
| 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% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3SX08T:0-china-s-yuan-rises-after-midpoint-set-at-highest-in-nearly-8-months/

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