# [All That China] Yuan benchmark set at 1 dollar = 6.7168 yuan…0.018% depreciation

> The PBOC set the yuan's benchmark rate at 6.7168 per dollar, 0.018% weaker than the prior fixing. The central bank also provided 226 billion yuan through overnight reverse repos, but maturities left a net 52 billion yuan withdrawal that day; its net liquidity withdrawal for the week was 1.523 trillion yuan.

- Date: 2026-11-06 · published 2026-11-06T03:09:23.734Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/83240-all-that-china-yuan-benchmark-set-at-1-dollar-6-7168-yuan-0-018-depreciation
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The weaker fixing could slightly raise the cost of dollar-priced imports, while the substantial weekly liquidity withdrawal may tighten domestic financial conditions. Neither development alone establishes a direct, material change in feed commodity supply or demand.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-06-20 | [Dollar buoyant; yuan wobbles after China cuts lending benchmarks](https://feedsoft.ai/events/11233-dollar-buoyant-yuan-wobbles-after-china-cuts-lending-benchmarks.md) | +1.6% | +0.8% |
| USDCNY | 2018-07-30 | [China's yuan hits 13-month low on weaker fixing and depreciation bets](https://feedsoft.ai/events/64266-china-s-yuan-hits-13-month-low-on-weaker-fixing-and-depreciation-bets.md) | +0.3% | -0.1% |
| USDCNY | 2017-02-26 | [China's yuan falls, but fears of US trade war may cap depreciation - The Business Times](https://feedsoft.ai/events/72719-china-s-yuan-falls-but-fears-of-us-trade-war-may-cap-depreciation-the-business.md) | +0.5% | +0.2% |
| USDCNY | 2023-05-18 | [As China's yuan drops through 7 again, the dollar is in the driver's seat](https://feedsoft.ai/events/36175-as-china-s-yuan-drops-through-7-again-the-dollar-is-in-the-driver-s-seat.md) | +0.9% | +1.9% |
| USDCNY | 2024-03-27 | [As yuan skids, markets bet more depreciation is in store \| Reuters](https://feedsoft.ai/events/31440-as-yuan-skids-markets-bet-more-depreciation-is-in-store-reuters.md) | +0.2% | +0.4% |

## Sources

- fnnews.com: https://www.fnnews.com/news/202611061108220425

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