# Dollar rebounds and weaker midpoint turn yuan lower; onshore CNY falls below 6.67 in morning trade

> The onshore yuan weakened past 6.67 per dollar in early Friday trading, while the offshore yuan also eased, as the U.S. dollar rebounded and China set a weaker daily fixing. The article also notes that China will raise the foreign-exchange deposit reserve ratio from 4% to 6% on November 15, restricting some available foreign-currency liquidity to moderate the pace of yuan appreciation.

- Date: 2026-11-06 · published 2026-11-06T21:11:42.486Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/84898-dollar-rebounds-and-weaker-midpoint-turn-yuan-lower-onshore-cny-falls-below-6
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan can increase the domestic cost of imported feed ingredients, while tighter FX liquidity may curb currency strength and support import costs. The reported currency moves are modest, so the direct commodity-price impact is limited.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2016-10-13 | [Dollar stalls, yuan hits 6-year low on Chinese trade dip](https://feedsoft.ai/events/5888-dollar-stalls-yuan-hits-6-year-low-on-chinese-trade-dip.md) | +0.3% | +0.9% |
| USDCNY | 2026-03-12 | [Offshore Yuan Falls on Strong Dollar — TradingView News](https://feedsoft.ai/events/11678-offshore-yuan-falls-on-strong-dollar-tradingview-news.md) | +0.1% | -0.5% |
| USDCNY | 2024-07-27 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound \| FX Blue](https://feedsoft.ai/events/9350-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -1.2% | -1.7% |

## Sources

- tw.stock.yahoo.com: https://tw.stock.yahoo.com/news/%E7%BE%8E%E5%85%83%E5%8F%8D%E5%BD%88-%E4%B8%AD%E9%96%93%E5%83%B9%E8%AA%BF%E5%BC%B1-%E4%BA%BA%E6%B0%91%E5%B9%A3%E7%BF%BB%E7%A9%BA-cny%E6%97%A9%E7%9B%A4%E5%A4%B1%E5%AE%886-67-025408818.html

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