# Yuan Midpoint Set at 6.7150 Per Dollar, 0.006% Weaker

> The People's Bank of China set the dollar-yuan reference rate at 6.7150, down 0.0004 yuan or 0.006% from 6.7146 the previous day, marking a second straight day of yuan weakening. The PBOC also drained a net 332 billion yuan of liquidity through its open market operations that day.

- Date: 2026-11-03 · published 2026-11-03T15:58:13.416Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/78051-yuan-midpoint-set-at-6-7150-per-dollar-0-006-weaker
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The small yuan depreciation is a routine fixing move with little direct effect on feed ingredient prices. Its main relevance is the marginal pressure on Chinese import purchasing power for US farm goods.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-06-01 | [Yuan May Hit Five Per Dollar on Carry-Trade Exit, Macquarie Says](https://feedsoft.ai/events/19482-yuan-may-hit-five-per-dollar-on-carry-trade-exit-macquarie-says.md) | -0.0% | +0.4% |
| USDCNY | 2026-08-27 | [China keeps yuan in check as PBOC resists sharp rise against weaker US dollar: analysts \| South China Morning Post](https://feedsoft.ai/events/18094-china-keeps-yuan-in-check-as-pboc-resists-sharp-rise-against-weaker-us-dollar.md) | -0.1% | -0.1% |
| USDCNY | 2026-09-15 | [The Yuan Slipped As The Dollar Held Near A Two-Week High - Finimize](https://feedsoft.ai/events/17685-the-yuan-slipped-as-the-dollar-held-near-a-two-week-high-finimize.md) | -0.2% | -0.2% |
| USDCNY | 2020-10-21 | [China lifts yuan midpoint to 27-month high \| Financial Post](https://feedsoft.ai/events/50851-china-lifts-yuan-midpoint-to-27-month-high-financial-post.md) | +0.4% | -1.7% |
| USDCNY | 2021-10-18 | [Weakening Won against the Dollar  l KBS WORLD](https://feedsoft.ai/events/44801-weakening-won-against-the-dollar-l-kbs-world.md) | -0.8% | -0.8% |

## Sources

- newsis.com: https://www.newsis.com/view/NISX20261103_0003852603

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