# China Sets Yuan Mid-Point At Highest Level Since 2015 Devaluation - Babypips.com

> China's central bank set the yuan midpoint at 6.2764 per dollar, the strongest level since August 2015. The yuan posted its biggest quarterly gain in a decade on capital inflows and trade-tension expectations.

- Date: 2018-04-02 · published 2018-04-02T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/65712-china-sets-yuan-mid-point-at-highest-level-since-2015-devaluation-babypips-com
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan lowers the local-currency cost of US imports but squeezes Chinese exporters, which can weigh on demand for feed-linked goods and shift trade flows.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-05-31 | [China lifts yuan midpoint to new 3 year high, basket index at highest since 2016 - Markets - Business Recorder](https://feedsoft.ai/events/47318-china-lifts-yuan-midpoint-to-new-3-year-high-basket-index-at-highest-since-2016.md) | +0.5% | +1.4% |
| USDCNY | 2019-11-06 | [China sets yuan midpoint at three-month high \| Financial Post](https://feedsoft.ai/events/56292-china-sets-yuan-midpoint-at-three-month-high-financial-post.md) | +0.2% | +0.5% |
| USDCNY | 2018-01-16 | [Chinese yuan makes highest record against USD since Dec 2015](https://feedsoft.ai/events/67198-chinese-yuan-makes-highest-record-against-usd-since-dec-2015.md) | -0.9% | -2.1% |
| USDCNY | 2020-08-31 | [China lifts yuan midpoint to highest since July 2019 on persistent dollar weakness \| The Straits Times](https://feedsoft.ai/events/51834-china-lifts-yuan-midpoint-to-highest-since-july-2019-on-persistent-dollar.md) | -0.3% | -0.8% |
| USDCNY | 2025-07-01 | [China lifts yuan midpoint, but trade weighted value falls to lowest since 2021](https://feedsoft.ai/events/23991-china-lifts-yuan-midpoint-but-trade-weighted-value-falls-to-lowest-since-2021.md) | +0.1% | +0.2% |

## Sources

- babypips.com: https://www.babypips.com/news/china-sets-yuan-mid-point-highest-level-since-2015-devaluation

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