# China’s yuan strengthens to 10-month high against US dollar

> The yuan's central parity rate strengthened 305 basis points to 6.6770 against the dollar on August 10, its highest in more than 10 months. Analysts attributed the rally partly to a weaker US dollar and to solid Chinese economic data.

- Date: 2017-08-10 · published 2017-08-10T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/69675-china-s-yuan-strengthens-to-10-month-high-against-us-dollar
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan trims the local-currency cost of dollar-priced imports for Chinese feed buyers, a modest bearish signal for US feed commodity prices over time.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-01-25 | [Chinese yuan strengthens to 27-month high against USD Thursday](https://feedsoft.ai/events/11866-chinese-yuan-strengthens-to-27-month-high-against-usd-thursday.md) | -1.3% | -0.3% |
| USDCNY | 2025-09-25 | [China's yuan surges to 10-month high against dollar as US tensions ease - Nikkei Asia](https://feedsoft.ai/events/23112-china-s-yuan-surges-to-10-month-high-against-dollar-as-us-tensions-ease-nikkei.md) | -0.2% | -0.1% |
| USDCNY | 2017-09-08 | [Chinese yuan strengthens to near 16-month high against USD - People's Daily Online](https://feedsoft.ai/events/7803-chinese-yuan-strengthens-to-near-16-month-high-against-usd-people-s-daily-online.md) | +1.1% | +2.6% |
| USDCNY | 2020-01-14 | [China's yuan strengthens to 5-month high - Chinadaily.com.cn](https://feedsoft.ai/events/55313-china-s-yuan-strengthens-to-5-month-high-chinadaily-com-cn.md) | +0.2% | +1.1% |
| USDCNY | 2018-02-08 | [Chinese yuan strengthens to new high against USD - Chinadaily.com.cn](https://feedsoft.ai/events/7105-chinese-yuan-strengthens-to-new-high-against-usd-chinadaily-com-cn.md) | +1.3% | +1.2% |

## Sources

- english.www.gov.cn: https://english.www.gov.cn/state_council/ministries/2017/08/10/content_281475782278848.htm

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