# RMB's rise likely to slow in H2, say analysts - Chinadaily.com.cn

> Chinese analysts said on August 9 that the yuan's rise against the dollar would likely slow in the second half of 2021. They cited softer economic recovery, a narrowing trade surplus, and Delta-related lockdowns. The central parity rate was 6.4840 per dollar that day.

- Date: 2021-08-09 · published 2021-08-09T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/45788-rmb-s-rise-likely-to-slow-in-h2-say-analysts-chinadaily-com-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A slower yuan appreciation keeps China's dollar-priced feed import costs relatively higher than under a stronger currency. The outlook points to a softer demand backdrop for imports.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-08-25 | [Chinese yuan weakens to 6.6579 against USD Friday - Chinadaily.com.cn](https://feedsoft.ai/events/10858-chinese-yuan-weakens-to-6-6579-against-usd-friday-chinadaily-com-cn.md) | -1.1% | -1.1% |
| USDCNY | 2023-06-04 | [China's yuan may slip further to aid economic recovery - analysts](https://feedsoft.ai/events/35717-china-s-yuan-may-slip-further-to-aid-economic-recovery-analysts.md) | +0.6% | +2.2% |
| USDCNY | 2017-02-07 | [USD/CNY to rise as China’s capital outflows intensifies: Strategist](https://feedsoft.ai/events/72721-usd-cny-to-rise-as-china-s-capital-outflows-intensifies-strategist.md) | +0.3% | +0.6% |
| USDCNY | 2020-11-17 | [Chinese yuan jumps to strongest and will likely continue - CGTN](https://feedsoft.ai/events/50364-chinese-yuan-jumps-to-strongest-and-will-likely-continue-cgtn.md) | +0.0% | -0.8% |
| USDCNY | 2018-10-30 | [Yuan's slide to decade low puts China in tricky position - Nikkei Asia](https://feedsoft.ai/events/62765-yuan-s-slide-to-decade-low-puts-china-in-tricky-position-nikkei-asia.md) | -0.5% | -0.1% |

## Sources

- chinadaily.com.cn: https://www.chinadaily.com.cn/a/202108/10/WS6111e92aa310efa1bd667df1.html

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