# No major changes in the yuan’s exchange rate since August

> The Bank of Finland's weekly review says the yuan's exchange rate has changed little since August despite the tariff announcements. The onshore rate can diverge up to 2% from the daily fixing, and the yuan ended October 2% weaker than at the start of the year.

- Date: 2019-11-01 · published 2019-11-01T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Stable yuan levels reduce currency-driven swings in Chinese feed purchasing costs. The review points to trade talks as the main pending driver.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-10-18 | [China has ‘halted intervention in yuan exchange rate market’ \| South China Morning Post](https://feedsoft.ai/events/68678-china-has-halted-intervention-in-yuan-exchange-rate-market-south-china-morning.md) | +0.2% | -0.0% |
| USDCNY | 2018-03-30 | [The yuan can't win back investor trust  - Nikkei Asia](https://feedsoft.ai/events/66214-the-yuan-can-t-win-back-investor-trust-nikkei-asia.md) | +0.3% | +0.7% |
| USDCNY | 2017-04-06 | [China’s Efforts to Boost the Yuan](https://feedsoft.ai/events/71719-china-s-efforts-to-boost-the-yuan.md) | -0.0% | +0.1% |
| 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 | 2024-07-23 | [China’s yuan steady following rate cuts, eyes on U.S. data - The Pound Hub](https://feedsoft.ai/events/29507-china-s-yuan-steady-following-rate-cuts-eyes-on-u-s-data-the-pound-hub.md) | -0.2% | -1.8% |

## Sources

- bofit.fi: https://www.bofit.fi/en/monitoring/weekly/2019/vw201944_6/

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