# Onshore yuan closes up more than 100 points as the dollar weakens

> The onshore yuan closed at 6.6088 per dollar, up 115 points from the previous afternoon, while the offshore rate also strengthened. A weaker dollar and a stronger daily fixing supported the move, alongside increased afternoon yuan settlement activity.

- Date: 2026-11-06 · published 2026-11-06T00:09:11.718Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/82718-onshore-yuan-closes-up-more-than-100-points-as-the-dollar-weakens
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan reduces the local-currency cost of dollar-denominated feed imports, though the article describes a daily currency move rather than a change in underlying commodity supply or demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-05-28 | [The Chinese yuan could weaken to 7.40 per dollar amid US-China tensions](https://feedsoft.ai/events/53379-the-chinese-yuan-could-weaken-to-7-40-per-dollar-amid-us-china-tensions.md) | -0.8% | -1.3% |
| USDCNY | 2024-02-20 | [Onshore yuan trades at its weakest against dollar since November last year](https://feedsoft.ai/events/31900-onshore-yuan-trades-at-its-weakest-against-dollar-since-november-last-year.md) | +0.1% | +0.1% |
| USDCNY | 2019-05-18 | [Onshore Yuan Breaks 6.9 Against U.S. Dollar as Trade War Intensifies - Caixin Global](https://feedsoft.ai/events/59281-onshore-yuan-breaks-6-9-against-u-s-dollar-as-trade-war-intensifies-caixin.md) | -0.3% | +0.1% |
| USDCNY | 2018-01-22 | [Yuan may rise more on weaker dollar: analysts - World - Chinadaily.com.cn](https://feedsoft.ai/events/11867-yuan-may-rise-more-on-weaker-dollar-analysts-world-chinadaily-com-cn.md) | -1.2% | -0.9% |
| USDCNY | 2017-10-26 | [China's yuan weakens on US dollar strength, set for 2nd weekly loss - The Business Times](https://feedsoft.ai/events/68677-china-s-yuan-weakens-on-us-dollar-strength-set-for-2nd-weekly-loss-the-business.md) | -0.5% | -0.5% |

## Sources

- yesdaily.com: https://www.yesdaily.com/xinwen_15443.html

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