# China's yuan trades lower against US dollar

> The yuan's central parity rate weakened 414 basis points to 6.7495 per dollar on Monday, February 11. The rate is set from a weighted average of market-maker prices before the interbank market opens.

- Date: 2019-02-11 · published 2019-02-11T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/60814-china-s-yuan-trades-lower-against-us-dollar
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine daily fixing moves have little direct effect on feed commodity prices unless they signal a broader change in China's currency stance.

## Sources

- business-standard.com: https://www.business-standard.com/article/news-ians/china-s-yuan-trades-lower-against-us-dollar-119021100076_1.html

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