# Onshore Yuan Market Closed for Golden Week; Offshore Yuan Hits 6.6904

> With mainland China’s onshore market closed for the National Day holiday, offshore yuan trading lacked a clear domestic-market guide. The offshore yuan briefly weakened to 6.6904 per US dollar, a seven-week low, before trading mostly near 6.67.

- Date: 2026-11-07 · published 2026-11-07T06:09:17.238Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/85535-onshore-yuan-market-closed-for-golden-week-offshore-yuan-hits-6-6904
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan raises the local cost of dollar-priced imports, including feed ingredients, and can dampen Chinese buying. The reported exchange-rate move is modest and does not establish a change in commodity demand.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- yesdaily.com: https://www.yesdaily.com/xinwen_54914.html

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