# USD/CNY Flat As PBoC Leaves LPR Unchanged, Hints at Coming Stimulus

> The yuan traded flat against the dollar after the PBOC left its one-year and five-year Loan Prime Rates unchanged, as expected. The central bank's quarterly report signaled possible monetary easing to counter downward pressure on the economy.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/44272-usd-cny-flat-as-pboc-leaves-lpr-unchanged-hints-at-coming-stimulus
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Signals of Chinese stimulus could support domestic demand for feed and livestock products, but the immediate price impact is limited.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-02-24 | [China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan](https://feedsoft.ai/events/7900-china-leaves-benchmark-lending-rates-unchanged-as-beijing-signals-tolerance-for.md) | -0.3% | -0.3% |
| USDCNY | 2025-05-27 | [PBOC sets USD/ CNY central rate at 7.1876 (vs. estimate at 7.1842) — TradingView News](https://feedsoft.ai/events/24889-pboc-sets-usd-cny-central-rate-at-7-1876-vs-estimate-at-7-1842-tradingview-news.md) | +0.2% | -0.1% |
| USDCNY | 2017-02-22 | [Across The Border \| Why the PBOC has changed the way it computes the yuan’s daily midpoint \| South China Morning Post](https://feedsoft.ai/events/72720-across-the-border-why-the-pboc-has-changed-the-way-it-computes-the-yuan-s-daily.md) | -0.2% | +0.0% |
| USDCNY | 2022-11-15 | [China keeps key lending rate unchanged as policymakers balance yuan, economic risks \| Financial Post](https://feedsoft.ai/events/8204-china-keeps-key-lending-rate-unchanged-as-policymakers-balance-yuan-economic.md) | +1.3% | -1.8% |
| USDCNY | 2024-10-07 | [US election, jobs data to pressure China’s yuan as stimulus shores it up: analysts \| South China Morning Post](https://feedsoft.ai/events/11041-us-election-jobs-data-to-pressure-china-s-yuan-as-stimulus-shores-it-up.md) | +0.7% | +1.2% |

## Sources

- fxdailyreport.com: https://fxdailyreport.com/usd-cny-flat-as-pboc-leaves-lpr-unchanged-hints-at-coming-stimulus/

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