# Chinese yuan weakens to 6.6011 against USD Wednesday
-- China Development Gateway -- Sharing Information, Knowledge and Tools

> The Chinese central parity rate weakened 67 basis points to 6.6011 per US dollar on November 29, 2017, according to the China Foreign Exchange Trade System. Spot trading is allowed to move 2 percent either side of the fix.

- Date: 2017-11-29 · published 2017-11-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/68227-chinese-yuan-weakens-to-6-6011-against-usd-wednesday-china-development-gateway
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A routine fixing move with no new cause, so it has little impact on feed commodity prices. It only records a small yuan softening against the dollar.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- en.chinagate.cn: http://en.chinagate.cn/2017-11/29/content_50075837.htm

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