# Yuan rises as US lifts China’s currency manipulator label – Asian market latest | CNN Business

> The yuan strengthened to its highest level in more than five months after the US Treasury dropped China from its currency manipulator list. The central bank's daily reference rate rose to 6.8954 per dollar, its strongest since August.

- Date: 2020-01-14 · published 2020-01-14T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/55310-yuan-rises-as-us-lifts-china-s-currency-manipulator-label-asian-market-latest
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A firmer yuan supports Chinese import capacity for US agricultural goods under the trade deal, a modestly supportive factor for US soybean and corn prices.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-06-27 | [Asian currencies firm on yuan recovery, stocks mixed - Markets - Business Recorder](https://feedsoft.ai/events/10492-asian-currencies-firm-on-yuan-recovery-stocks-mixed-markets-business-recorder.md) | +0.0% | -1.4% |
| USDCNY | 2024-02-06 | [China’s yuan rises on firmer-than-expected fix, stock market support - Markets - Business Recorder](https://feedsoft.ai/events/31899-china-s-yuan-rises-on-firmer-than-expected-fix-stock-market-support-markets.md) | -0.1% | -0.0% |
| USDCNY | 2024-09-25 | [China’s yuan briefly crosses key 7 per dollar as market cheers stimulus - Markets - Business Recorder](https://feedsoft.ai/events/28556-china-s-yuan-briefly-crosses-key-7-per-dollar-as-market-cheers-stimulus-markets.md) | -0.2% | +1.3% |
| USDCNY | 2025-11-28 | [China’s yuan set for longest monthly win streak since 2021 - Markets - Business Recorder](https://feedsoft.ai/events/22171-china-s-yuan-set-for-longest-monthly-win-streak-since-2021-markets-business.md) | -0.1% | -1.0% |
| USDCNY | 2026-06-30 | [China yuan firms as exporter dollar sales lend support - Markets - Business Recorder](https://feedsoft.ai/events/19035-china-yuan-firms-as-exporter-dollar-sales-lend-support-markets-business-recorder.md) | -0.0% | -0.3% |

## Sources

- cnn.com: https://www.cnn.com/2020/01/13/investing/asian-market-latest

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