# Exclusive: China to be less interventionist on yuan than in 2015 - sources | Reuters

> Sources say China is comfortable with a weaker yuan and will intervene mainly to prevent rapid declines or restore confidence, a less interventionist stance than in 2015. The shift is framed against slowing economic momentum and the heated trade dispute with the United States.

- Date: 2018-07-04 · published 2018-07-04T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/64269-exclusive-china-to-be-less-interventionist-on-yuan-than-in-2015-sources-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A tolerance for a weaker yuan lowers the cost of Chinese imports from the US in local currency terms only if the decline continues, so it keeps pressure on US export prices in dollar terms.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2016-11-18 | [Exclusive - China ready to slow yuan descent, worried about capital outflows: sources](https://feedsoft.ai/events/74060-exclusive-china-ready-to-slow-yuan-descent-worried-about-capital-outflows.md) | +0.7% | +1.3% |
| USDCNY | 2025-05-01 | [EXCLUSIVE: China's central bank asks state lenders to reduce dollar purchases, sources say](https://feedsoft.ai/events/25347-exclusive-china-s-central-bank-asks-state-lenders-to-reduce-dollar-purchases.md) | -0.6% | -1.2% |
| USDCNY | 2024-03-22 | [China yuan slides to four-month low, state banks step in \| Reuters](https://feedsoft.ai/events/31441-china-yuan-slides-to-four-month-low-state-banks-step-in-reuters.md) | +0.4% | +0.5% |
| USDCNY | 2025-04-08 | [China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness \| Reuters](https://feedsoft.ai/events/25349-china-s-yuan-hits-2023-lows-on-signs-pboc-is-tolerant-of-some-weakness-reuters.md) | +0.1% | -0.5% |
| USDCNY | 2023-08-31 | [EXCLUSIVE: Chinese exporters using currency swaps to retain dollars as yuan sags \| Reuters](https://feedsoft.ai/events/34799-exclusive-chinese-exporters-using-currency-swaps-to-retain-dollars-as-yuan-sags.md) | +0.6% | +0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/business/exclusive-china-to-be-less-interventionist-on-yuan-than-in-2015-sources-idUSKBN1JU0ST/

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