# China Likely Slows Yuan Gains, OCBC Says

> OCBC strategists expect USD/CNH to trade sideways as Chinese policymakers seek to slow the yuan’s appreciation. They said a recent increase in the foreign-exchange deposit reserve requirement to 6% has reduced near-term appreciation momentum, while daily PBOC fixings will signal the level of restraint.

- Date: 2026-11-05 · published 2026-11-06T19:00:33.132Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/84808-china-likely-slows-yuan-gains-ocbc-says
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A slower pace of yuan appreciation could support USD/CNY and USD/CNH in the near term, although broader dollar weakness may still favor the yuan over time.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-08-09 | [RMB's rise likely to slow in H2, say analysts - Chinadaily.com.cn](https://feedsoft.ai/events/45788-rmb-s-rise-likely-to-slow-in-h2-say-analysts-chinadaily-com-cn.md) | -0.1% | -0.5% |
| USDCNY | 2024-10-28 | [China's weakening yuan set to snap three straight months of gains in Oct](https://feedsoft.ai/events/28078-china-s-weakening-yuan-set-to-snap-three-straight-months-of-gains-in-oct.md) | +0.0% | +1.7% |
| USDCNY | 2025-01-14 | [China Will ‘Try Very Hard’ to Slow Yuan’s Fall, UBS’ Wang Says - Bloomberg](https://feedsoft.ai/events/12208-china-will-try-very-hard-to-slow-yuan-s-fall-ubs-wang-says-bloomberg.md) | -0.8% | -0.3% |
| USDCNY | 2024-12-03 | [CNY/USD: China’s Yuan Falls to One-Year Low on Tariff Risk, Dollar Gains - Bloomberg](https://feedsoft.ai/events/27168-cny-usd-china-s-yuan-falls-to-one-year-low-on-tariff-risk-dollar-gains-bloomberg.md) | -0.2% | +0.4% |
| USDCNY | 2026-06-29 | [Chinese Yuan: China slowdown weighs on CNY against US Dollar – Commerzbank](https://feedsoft.ai/events/19039-chinese-yuan-china-slowdown-weighs-on-cny-against-us-dollar-commerzbank.md) | -0.0% | -0.5% |

## Sources

- markets.capital: https://markets.capital/article/china-likely-slows-yuan-gains-ocbc-says

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