# RMB rate expected to follow a two-way fluctuation path in 2018 - Chinadaily.com.cn

> A former senior official with China's foreign exchange regulator expects the yuan to follow a two-way fluctuation path in 2018, with little disturbance from US trade talks unless actual conflict occurs. The yuan's central parity rose 3.1% against the dollar in the first four months of 2018.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/65233-rmb-rate-expected-to-follow-a-two-way-fluctuation-path-in-2018-chinadaily-com-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stable yuan implies no currency-driven shift in Chinese import costs for US soybeans and feed grains, so trade headlines remain the main price driver.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-05-31 | [Experts: Yuan set to remain largely stable - Chinadaily.com.cn](https://feedsoft.ai/events/36176-experts-yuan-set-to-remain-largely-stable-chinadaily-com-cn.md) | +0.6% | +2.3% |
| USDCNY | 2023-01-10 | [China state media warn of two-way volatility for yuan in 2023](https://feedsoft.ai/events/12765-china-state-media-warn-of-two-way-volatility-for-yuan-in-2023.md) | +0.0% | +0.3% |
| USDCNY | 2024-10-07 | [Renminbi on track for stability against USD - Chinadaily.com.cn](https://feedsoft.ai/events/11043-renminbi-on-track-for-stability-against-usd-chinadaily-com-cn.md) | +0.7% | +1.2% |
| USDCNY | 2024-03-27 | [Briefly - Chinadaily.com.cn](https://feedsoft.ai/events/31445-briefly-chinadaily-com-cn.md) | +0.2% | +0.4% |
| USDCNY | 2022-03-02 | [China’s recent hands-off approach to renminbi fluctuation could change - Euromoney](https://feedsoft.ai/events/42488-china-s-recent-hands-off-approach-to-renminbi-fluctuation-could-change-euromoney.md) | +0.1% | +0.8% |

## Sources

- global.chinadaily.com.cn: https://global.chinadaily.com.cn/a/201805/22/WS5b0375e9a3103f6866ee9cc4.html

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