# Chinese yuan strengthens to 6.3907 against USD Friday_Xinhua Finance Agency

> The Chinese central parity rate strengthened 50 pips to 6.3907 per dollar on Friday, according to the China Foreign Exchange Trade System. The yuan may trade within 2 percent of the central parity rate each day.

- Date: 2021-10-29 · published 2021-10-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/44776-chinese-yuan-strengthens-to-6-3907-against-usd-friday-xinhua-finance-agency
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

This is a routine daily fixing with no new cause, so it has no meaningful implication for feed commodity prices.

## Read by commodity

- USDCNY: bearish ▼

## Sources

- en.xfafinance.com: http://en.xfafinance.com/html/Markets/Currencies/2021/764413.shtml

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