# Renminbi closes slightly lower by 1 basis point against the US dollar

> The renminbi closed at 6.6711 per US dollar, down 1 basis point from the previous close. Market participants cited rising risk aversion and a firmer, volatile dollar ahead of US nonfarm payrolls data as factors putting slight pressure on the currency.

- Date: 2026-11-06 · published 2026-11-06T18:14:17.372Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/84485-renminbi-closes-slightly-lower-by-1-basis-point-against-the-us-dollar
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker renminbi raises the local-currency cost of dollar-priced feed imports, though the reported move was minimal.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-08-01 | [Rupee closes higher against US dollar](https://feedsoft.ai/events/64319-rupee-closes-higher-against-us-dollar.md) | +0.4% | -0.0% |
| USDCNY | 2017-04-25 | [China's yuan dips against US dollar, falls to record low against currency basket - The Business Times](https://feedsoft.ai/events/71709-china-s-yuan-dips-against-us-dollar-falls-to-record-low-against-currency-basket.md) | +0.1% | -0.0% |
| USDCNY | 2018-06-29 | [Renminbi Continues to Fall: Central bank sets yuan midpoint fixing against dollar at 6.6166 - CGTN](https://feedsoft.ai/events/64735-renminbi-continues-to-fall-central-bank-sets-yuan-midpoint-fixing-against.md) | +0.2% | +2.8% |
| USDCNY | 2022-09-29 | [CNY/USD: Why China’s Yuan Hit Record Lows Against the Dollar - Bloomberg](https://feedsoft.ai/events/7207-cny-usd-why-china-s-yuan-hit-record-lows-against-the-dollar-bloomberg.md) | -1.2% | +0.3% |
| USDCNY | 2019-08-05 | [Yuan sinks past seven against the dollar to over decade low](https://feedsoft.ai/events/5372-yuan-sinks-past-seven-against-the-dollar-to-over-decade-low.md) | +1.8% | +3.1% |

## Sources

- news.rthk.hk: https://news.rthk.hk/rthk/ch/component/k2/1876852-20261106.htm

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