# China’s yuan firm; signs of economic recovery, policy support help - Markets - Business Recorder

> China's yuan rose on June 21 as signs of economic recovery, new stimulus measures and tech regulation easing drew foreign inflows into equities. Traders also cited a possible removal of some US tariffs on Chinese goods.

- Date: 2022-06-21 · published 2022-06-21T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/41168-china-s-yuan-firm-signs-of-economic-recovery-policy-support-help-markets
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Possible US tariff removal on Chinese goods would be a meaningful trade signal for agricultural export flows, and China's recovery supports feed demand.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-02-06 | [China’s yuan rises on firmer-than-expected fix, stock market support - Markets - Business Recorder](https://feedsoft.ai/events/31899-china-s-yuan-rises-on-firmer-than-expected-fix-stock-market-support-markets.md) | -0.1% | -0.0% |
| USDCNY | 2026-06-30 | [China yuan firms as exporter dollar sales lend support - Markets - Business Recorder](https://feedsoft.ai/events/19035-china-yuan-firms-as-exporter-dollar-sales-lend-support-markets-business-recorder.md) | -0.0% | -0.3% |
| USDCNY | 2024-10-10 | [China’s yuan inches higher as PBOC support offsets dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/11040-china-s-yuan-inches-higher-as-pboc-support-offsets-dollar-strength-markets.md) | +0.6% | +0.8% |
| USDCNY | 2023-08-29 | [China’s yuan firms in tight range as investors await key economic data - Markets - Business Recorder](https://feedsoft.ai/events/34801-china-s-yuan-firms-in-tight-range-as-investors-await-key-economic-data-markets.md) | +0.2% | +0.3% |
| USDCNY | 2026-08-31 | [China's yuan firms despite dollar rebound - Markets - Business Recorder](https://feedsoft.ai/events/18093-china-s-yuan-firms-despite-dollar-rebound-markets-business-recorder.md) | -0.2% | -0.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40181477

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