# China lifts yuan midpoint to strongest in 4-1/2 months | Financial Post

> The People's Bank of China lifted its official yuan midpoint to 6.9801 per dollar, the strongest level since early August. The move followed a strong spot yuan rally that pushed the currency past the 7-per-dollar level.

- Date: 2019-12-26 · published 2019-12-26T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/55801-china-lifts-yuan-midpoint-to-strongest-in-4-1-2-months-financial-post
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan makes dollar-priced imports such as soybeans and meal cheaper for Chinese buyers, which can support US feed demand. The effect is a modest one at this scale.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-11-06 | [China sets yuan midpoint at three-month high \| Financial Post](https://feedsoft.ai/events/56292-china-sets-yuan-midpoint-at-three-month-high-financial-post.md) | +0.2% | +0.5% |
| USDCNY | 2026-02-01 | [China's yuan hits 32-month high as PBOC carefully lifts midpoint](https://feedsoft.ai/events/21276-china-s-yuan-hits-32-month-high-as-pboc-carefully-lifts-midpoint.md) | -0.2% | -1.0% |
| USDCNY | 2019-10-29 | [PBOC set the onshore yuan at its strongest in 2 months](https://feedsoft.ai/events/56809-pboc-set-the-onshore-yuan-at-its-strongest-in-2-months.md) | -0.5% | -0.5% |
| USDCNY | 2025-07-01 | [China lifts yuan midpoint, but trade weighted value falls to lowest since 2021](https://feedsoft.ai/events/23991-china-lifts-yuan-midpoint-but-trade-weighted-value-falls-to-lowest-since-2021.md) | +0.1% | +0.2% |
| USDCNY | 2025-11-26 | [China sets strongest yuan fix in over a year as Fed-cut bets rise \| South China Morning Post](https://feedsoft.ai/events/22172-china-sets-strongest-yuan-fix-in-over-a-year-as-fed-cut-bets-rise-south-china.md) | -0.3% | -1.0% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/china-lifts-yuan-midpoint-to-strongest-in-4-1-2-months

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