# Yuan falls to 8-year low as China-critic Trump prepares to take office

> China's yuan weakened to an eight-year low against the dollar as expectations of higher U.S. interest rates lifted the dollar. The move put Beijing's commitment to market-oriented currency reforms in focus ahead of Donald Trump taking office.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/7738-yuan-falls-to-8-year-low-as-china-critic-trump-prepares-to-take-office
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan makes Chinese buying of imported feed ingredients more expensive in dollar terms and can reduce import demand for U.S. commodities. A firmer dollar also tends to weigh on dollar-priced grains and meals.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2016-11-16 | 5 | +3.1% | 3.9 | Yuan weakness on 11/16 reflected expectations of higher US rates lifting the dollar, a reflection of the same driver. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-10 | [Donald Trump's win in US presidential election sends China yuan to six-year low against dollar](https://feedsoft.ai/events/7740-donald-trump-s-win-in-us-presidential-election-sends-china-yuan-to-six-year-low.md) | +1.9% | +2.3% |
| DXY | 2016-11-16 | [China’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts - Bloomberg](https://feedsoft.ai/events/7741-china-s-yuan-tumbles-to-eight-year-low-as-banks-weaken-forecasts-bloomberg.md) | +0.6% | -0.0% |
| DXY | 2016-12-01 | [Australian dollar falls to five-month low as Trump rally continues](https://feedsoft.ai/events/74103-australian-dollar-falls-to-five-month-low-as-trump-rally-continues.md) | -0.9% | +0.8% |
| DXY | 2016-11-14 | [Chinese yuan tumbles to a seven-year low as dollar surges \| South China Morning Post](https://feedsoft.ai/events/7742-chinese-yuan-tumbles-to-a-seven-year-low-as-dollar-surges-south-china-morning.md) | +1.4% | +0.8% |
| DXY | 2020-04-02 | [Yuan falls to near 6-month low as global coronavirus fears grow  - CGTN](https://feedsoft.ai/events/53875-yuan-falls-to-near-6-month-low-as-global-coronavirus-fears-grow-cgtn.md) | -0.5% | -0.8% |
| USDCNY | 2025-05-01 | [Yuan falls to 2007 lows as US tariffs on China kick in](https://feedsoft.ai/events/25346-yuan-falls-to-2007-lows-as-us-tariffs-on-china-kick-in.md) | -0.6% | -1.2% |
| USDCNY | 2016-06-24 | [Chinese yuan falls to more than 5-year low on Brexit fears](https://feedsoft.ai/events/10881-chinese-yuan-falls-to-more-than-5-year-low-on-brexit-fears.md) | +1.1% | +1.6% |
| USDCNY | 2024-12-03 | [CNY/USD: China’s Yuan Falls to One-Year Low on Tariff Risk, Dollar Gains - Bloomberg](https://feedsoft.ai/events/27168-cny-usd-china-s-yuan-falls-to-one-year-low-on-tariff-risk-dollar-gains-bloomberg.md) | -0.2% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/china-yuan-midday-idUSL4N1DH2GN/?feedName=usDollarRpt&feedType=RSS

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