# China's yuan edges lower on weaker-than-expected fixing | Reuters

> China's yuan eased slightly on December 22 after the PBOC set its midpoint fixing at 6.3703 per dollar, weaker than a Reuters estimate of 6.369. Trading was tepid ahead of the year-end holidays.

- Date: 2021-12-22 · published 2021-12-22T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/43816-china-s-yuan-edges-lower-on-weaker-than-expected-fixing-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine currency moves of this size have little direct effect on feed commodity prices. It is a minor market wrap for yuan-linked import costs.

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/chinas-yuan-edges-lower-weaker-than-expected-fixing-2021-12-22/

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