# Yuan fall: Why is China's currency getting weaker?

> The yuan fell below 7 per dollar for the first time since 2008, prompting the US to label China a currency manipulator. Analysts see the devaluation as a response to new US tariff threats that would cover nearly all Chinese imports.

- Date: 2019-09-01 · published 2019-09-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/57797-yuan-fall-why-is-china-s-currency-getting-weaker
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan offsets US tariffs for Chinese buyers and encourages them to shift away from US farm goods, pressuring US soybean and grain export demand.

## Read by commodity

- SOY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-22 | [China’s global currency aspirations are falling fast](https://feedsoft.ai/events/10043-china-s-global-currency-aspirations-are-falling-fast.md) | -6.2% | -5.1% |
| SOY | 2018-05-02 | [China is weakening its currency before US trade talks begin](https://feedsoft.ai/events/65234-china-is-weakening-its-currency-before-us-trade-talks-begin.md) | -3.0% | -1.9% |
| SOY | 2019-01-21 | [When it comes to soy, China is getting more from the trade truce](https://feedsoft.ai/events/61131-when-it-comes-to-soy-china-is-getting-more-from-the-trade-truce.md) | +0.7% | -1.7% |
| SOY | 2018-07-11 | [Why US-China trade war is weakening the South African rand \| CNBC Africa](https://feedsoft.ai/events/64325-why-us-china-trade-war-is-weakening-the-south-african-rand-cnbc-africa.md) | -1.5% | +4.3% |
| SOY | 2018-08-20 | [Trump accuses China of 'manipulating' its currency](https://feedsoft.ai/events/10040-trump-accuses-china-of-manipulating-its-currency.md) | -4.5% | -6.6% |
| USDCNY | 2026-03-11 | [China’s Yuan Gets A Lift From Strong Exports - Finimize](https://feedsoft.ai/events/11468-china-s-yuan-gets-a-lift-from-strong-exports-finimize.md) | +0.1% | -0.3% |
| USDCNY | 2018-08-20 | [China’s soybean crush margin weakens - McKeany-Flavell](https://feedsoft.ai/events/63602-china-s-soybean-crush-margin-weakens-mckeany-flavell.md) | -1.0% | -0.3% |
| USDCNY | 2025-10-30 | [China's yuan retreats from one-year high after Trump-Xi meeting — TradingView News](https://feedsoft.ai/events/22622-china-s-yuan-retreats-from-one-year-high-after-trump-xi-meeting-tradingview-news.md) | +0.4% | -0.3% |

## Sources

- bbc.com: https://www.bbc.com/news/business-49245654

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