◂ Event Timeline

Nov 2, 2026MACROChina

Yuan Trades Near Four-Year High as China Sets Weaker Fixing

The yuan traded near a four-year high on Monday while the PBoC set a slightly weaker-than-previous central parity of 6.7146 per dollar. Onshore and offshore spot quotes were around 6.65 per dollar.

WHY IT MATTERS

A weaker fixing suggests officials are slowing the pace of yuan appreciation, which limits how much the currency move will change Chinese import costs for feed.

AFFECTSChinese Yuan (CNY per USD)◆

SOURCE
econotimes.comAdrian ValeNov 2, 2026

Price reaction & history

Chinese Yuan (CNY per USD)◆neutral

After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), and -0.0% over 20.

Nov 9, 2021China's yuan eases as traders await inflation data; HK dollar nears 7.8 | Financial Post+0.0%
Sep 15, 2026The Yuan Slipped As The Dollar Held Near A Two-Week High - Finimize-0.2%
Apr 28, 2026China's yuan steady as traders await Fed meet - Markets - Business Recorder+0.1%
Oct 10, 2019Yuan hits 3-week high, swings wildly on trade headlines | Financial Post-0.8%
Nov 14, 2018US-China trade war: Tariffs spur record dollar-yuan currency trading-0.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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