# Regulator warns Chinese not to ‘gamble’ on yuan exchange rate | South China Morning Post

> China's forex regulator warned residents and companies not to gamble on the yuan's exchange rate. The currency has gained about 9 percent against the dollar over the past year, raising concerns about export impacts.

- Date: 2018-04-01 · published 2018-04-01T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/65714-regulator-warns-chinese-not-to-gamble-on-yuan-exchange-rate-south-china-morning
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A firm yuan makes Chinese buyers' dollar-denominated purchases of US farm goods costlier and may weigh on China's import demand for feed ingredients.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2016-06-20 | [Chinese yuan strengthens ahead of Brexit vote \| South China Morning Post](https://feedsoft.ai/events/10880-chinese-yuan-strengthens-ahead-of-brexit-vote-south-china-morning-post.md) | +0.5% | +1.8% |
| USDCNY | 2022-08-24 | [EXCLUSIVE China regulator warns banks against yuan selling - sources \| Reuters](https://feedsoft.ai/events/40257-exclusive-china-regulator-warns-banks-against-yuan-selling-sources-reuters.md) | +0.9% | +2.9% |
| USDCNY | 2024-08-05 | [As stock sell-off sweeps Asia, China’s yuan surges as US rate cuts loom \| South China Morning Post](https://feedsoft.ai/events/7430-as-stock-sell-off-sweeps-asia-china-s-yuan-surges-as-us-rate-cuts-loom-south.md) | +0.1% | -1.0% |
| USDCNY | 2026-07-28 | [Why China’s Daily FX Fixing Points To More Chinese Yuan Gains - Nomura](https://feedsoft.ai/events/18574-why-china-s-daily-fx-fixing-points-to-more-chinese-yuan-gains-nomura.md) | -0.1% | -0.6% |
| USDCNY | 2021-02-09 | [Opinion \| Why a stronger yuan is still in China’s best interests \| South China Morning Post](https://feedsoft.ai/events/48873-opinion-why-a-stronger-yuan-is-still-in-china-s-best-interests-south-china.md) | +0.1% | +0.9% |

## Sources

- scmp.com: https://www.scmp.com/news/china/economy/article/2139831/regulator-warns-chinese-not-gamble-yuan-exchange-rate

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