# China's yuan weakens as Ukraine-Russia conflict adds to market anxiety | INTERNATIONAL MARKET NEWS - Business Standard

> The yuan weakened against the dollar on February 22 as investors sought safe-haven currencies after Putin ordered troops into breakaway eastern Ukraine regions. The PBOC midpoint was set at 6.3487 per dollar, weaker than the prior fix.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: geopolitics · region China · magnitude low
- Page: https://feedsoft.ai/events/42927-china-s-yuan-weakens-as-ukraine-russia-conflict-adds-to-market-anxiety
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Safe-haven flows and currency moves affect China's import purchasing power for feed commodities, but the move was small and mainly sentiment-driven.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-04-02 | [China’s yuan slips from 3-week high as Trump vows sustained strikes on Iran - Markets - Business Recorder](https://feedsoft.ai/events/19954-china-s-yuan-slips-from-3-week-high-as-trump-vows-sustained-strikes-on-iran.md) | -0.6% | -0.5% |
| USDCNY | 2022-11-16 | [China’s yuan slips from 2-month high as blast in Poland hurts sentiment - Markets - Business Recorder](https://feedsoft.ai/events/38903-china-s-yuan-slips-from-2-month-high-as-blast-in-poland-hurts-sentiment-markets.md) | +1.3% | -1.3% |
| USDCNY | 2020-05-25 | [As tensions with US boil, China hints at weaker yuan - Nikkei Asia](https://feedsoft.ai/events/53378-as-tensions-with-us-boil-china-hints-at-weaker-yuan-nikkei-asia.md) | -0.0% | -0.8% |
| USDCNY | 2026-03-09 | [China's yuan hits one-month low against rebounding dollar as Iran conflict escalates \| MarketScreener](https://feedsoft.ai/events/11679-china-s-yuan-hits-one-month-low-against-rebounding-dollar-as-iran-conflict.md) | -0.0% | -0.2% |
| USDCNY | 2022-04-25 | [China Lockdown Angst Rips Through Markets; CSI 300 Stocks, Yuan (CNY/USD) Plunge - Bloomberg](https://feedsoft.ai/events/7338-china-lockdown-angst-rips-through-markets-csi-300-stocks-yuan-cny-usd-plunge.md) | +1.6% | +2.9% |

## Sources

- business-standard.com: https://www.business-standard.com/article/international/china-s-yuan-weakens-as-ukraine-crisis-accelerates-market-anxiety-122022200523_1.html

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