# The yuan midpoint was set at 6.7168, depreciating by 12 basis points

> The People’s Bank of China set the yuan’s central parity rate at 6.7168 per U.S. dollar on November 6, 12 basis points weaker than the previous fixing. Onshore and offshore yuan also weakened slightly against the dollar during the morning session.

- Date: 2026-11-06 · published 2026-11-06T21:11:42.375Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/84897-the-yuan-midpoint-was-set-at-6-7168-depreciating-by-12-basis-points
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan can raise the local-currency cost of imported feed grains and other commodities, though this small daily move is unlikely to materially change buying decisions or prices on its own.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-05-30 | [Why we’re forecasting the yuan to depreciate \| articles \| ING THINK](https://feedsoft.ai/events/65232-why-we-re-forecasting-the-yuan-to-depreciate-articles-ing-think.md) | -0.2% | +2.5% |
| 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% |
| USDCNY | 2020-11-09 | [China sets yuan midpoint at 28-month high after Joe Biden wins presidency \| Financial Post](https://feedsoft.ai/events/50361-china-sets-yuan-midpoint-at-28-month-high-after-joe-biden-wins-presidency.md) | -0.4% | -1.0% |
| 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% |

## Sources

- eeo.com.cn: http://www.eeo.com.cn/2026/1106/1086392.shtml

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