# China Sets Yuan Midpoint at Weakest Level Since Oct. 23

> The PBOC set the yuan's central parity rate at its weakest level since October 23. The notice was published in early November 2026.

- Date: 2026-11-04 · published 2026-11-04T18:09:01.592Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/80078-china-sets-yuan-midpoint-at-weakest-level-since-oct-23
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan fix makes dollar-priced imports such as US soybeans and corn relatively more expensive for Chinese buyers, which can slow purchases and weigh on US futures.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-11-07 | [CNY/USD: China Sets Yuan Fix at Weakest Since 2023 - Bloomberg](https://feedsoft.ai/events/6857-cny-usd-china-sets-yuan-fix-at-weakest-since-2023-bloomberg.md) | +0.7% | +1.3% |
| USDCNY | 2022-10-25 | [China’s Yuan CNY USD Drops as PBOC Sets Fix at Weakest Level in 14 Years - Bloomberg](https://feedsoft.ai/events/6933-china-s-yuan-cny-usd-drops-as-pboc-sets-fix-at-weakest-level-in-14-years.md) | +0.6% | -1.7% |
| USDCNY | 2018-10-29 | [China's yuan finishes onshore trading at weakest since 2008 By Reuters](https://feedsoft.ai/events/62763-china-s-yuan-finishes-onshore-trading-at-weakest-since-2008-by-reuters.md) | -0.8% | +0.1% |
| USDCNY | 2017-03-15 | [USD/CNH is flashing green as PBOC fixed CNY midpoint at weakest since Mar. 15, 2017 — Octa](https://feedsoft.ai/events/72224-usd-cnh-is-flashing-green-as-pboc-fixed-cny-midpoint-at-weakest-since-mar-15.md) | -0.4% | -0.3% |
| USDCNY | 2024-07-01 | [China Loosens Grip on Yuan With Weakest Fixing Since November](https://feedsoft.ai/events/30008-china-loosens-grip-on-yuan-with-weakest-fixing-since-november.md) | +0.0% | -0.1% |

## Sources

- financialjuice.com: https://www.financialjuice.com/News/9835730/China-sets-yuan-midpoint-at-weakest-level-since-Oct-23-PBOC-says.aspx?xy=rss

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