# China Sets Yuan Reference Rate at 6.7146 per Dollar for Nov. 2 | EconoTimes

> China set its yuan reference rate at 6.7146 per dollar for November 2, up eight pips from October 30. The fixing was 521 pips above a Reuters estimate of 6.6625.

- Date: 2026-11-02 · published 2026-11-02T09:09:43.337Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/75249-china-sets-yuan-reference-rate-at-6-7146-per-dollar-for-nov-2-econotimes
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The fixing signals a weaker official benchmark than markets expected, indicating managed appreciation that caps yuan strength against the dollar.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-11-14 | [US-China trade war: Tariffs spur record dollar-yuan currency trading](https://feedsoft.ai/events/62265-us-china-trade-war-tariffs-spur-record-dollar-yuan-currency-trading.md) | -0.1% | -1.1% |
| USDCNY | 2024-07-23 | [China’s yuan steady following rate cuts, eyes on U.S. data - The Pound Hub](https://feedsoft.ai/events/29507-china-s-yuan-steady-following-rate-cuts-eyes-on-u-s-data-the-pound-hub.md) | -0.2% | -1.8% |
| USDCNY | 2025-04-29 | [China ramps up global yuan push, seizing on retreating dollar \| Reuters](https://feedsoft.ai/events/25348-china-ramps-up-global-yuan-push-seizing-on-retreating-dollar-reuters.md) | -0.3% | -1.4% |
| USDCNY | 2023-11-27 | [China’s yuan flat - Business & Finance - Business Recorder](https://feedsoft.ai/events/33390-china-s-yuan-flat-business-and-finance-business-recorder.md) | -0.1% | -0.2% |
| USDCNY | 2021-07-28 | [Havens favoured as China jitters persist; dollar waits for Fed - Markets - Business Recorder](https://feedsoft.ai/events/45976-havens-favoured-as-china-jitters-persist-dollar-waits-for-fed-markets-business.md) | -0.6% | -0.6% |

## Sources

- econotimes.com: https://econotimes.com/China-Sets-Yuan-Reference-Rate-at-6-7146-per-Dollar-for-Nov-2-1768331

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