# Chinese yuan weakens to 6.6247 against USD Monday - Xinhua | English.news.cn

> The Chinese central parity rate weakened 175 basis points to 6.6247 per US dollar on November 6, 2017, according to Xinhua. The item is an automated market report on the daily fix.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/68233-chinese-yuan-weakens-to-6-6247-against-usd-monday-xinhua-english-news-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A routine daily fix move with no new policy or market cause, so it has minimal effect on feed commodity pricing. It only tracks modest yuan weakness.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2017-11/06/c_136730841.htm

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