# Dollar is flat ahead of the midterms, while yuan weakens after the PBoC raised its FX RRR

> The dollar index was flat in quiet trade ahead of the US midterm elections, with markets awaiting BoE and RBA rate decisions. The yuan weakened after the PBoC announced a 2-percentage-point increase in its FX reserve requirement ratio, effective November 15.

- Date: 2026-11-03 · published 2026-11-03T09:09:27.824Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77377-dollar-is-flat-ahead-of-the-midterms-while-yuan-weakens-after-the-pboc-raised
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The PBoC move reduces dollar liquidity and signals an effort to slow yuan appreciation, which affects Chinese import demand for dollar-priced farm goods. The article describes routine FX moves rather than a new commodity driver.

## Sources

- newsquawk.com: https://www.newsquawk.com/headlines/market-analysis-dollar-is-flat-ahead-of-the-midterms-while-yuan-weakens-after-the-pboc-raised-its-fx-rrr

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