# Onshore yuan hovers around 6.61

> The onshore yuan closed slightly weaker at 6.6155 per dollar, while the offshore rate also edged lower. The central parity fixing fell for a ninth consecutive day; China’s November foreign-exchange reserves rose for a tenth month, though the increase was below expectations and attributed mainly to valuation effects.

- Date: 2026-11-07 · published 2026-11-07T09:09:38.003Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/85785-onshore-yuan-hovers-around-6-61
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The modest yuan weakening could marginally support Chinese export competitiveness, but the report gives no evidence of a direct change in agricultural import demand or commodity flows. No clear feed-market price effect follows from these small currency moves.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-01-05 | [China's Offshore Yuan is Bossing the US Dollar Around Today](https://feedsoft.ai/events/10253-china-s-offshore-yuan-is-bossing-the-us-dollar-around-today.md) | +0.1% | -1.0% |
| USDCNY | 2023-11-23 | [China’s yuan hovers around 4-month highs on firmer official guidance fix - Markets - Business Recorder](https://feedsoft.ai/events/33391-china-s-yuan-hovers-around-4-month-highs-on-firmer-official-guidance-fix.md) | -0.3% | -0.2% |
| USDCNY | 2019-10-29 | [PBOC set the onshore yuan at its strongest in 2 months](https://feedsoft.ai/events/56809-pboc-set-the-onshore-yuan-at-its-strongest-in-2-months.md) | -0.5% | -0.5% |
| USDCNY | 2026-07-31 | [Offshore Yuan Holds at Strongest Level Since 2023](https://feedsoft.ai/events/18573-offshore-yuan-holds-at-strongest-level-since-2023.md) | -0.1% | -0.5% |
| USDCNY | 2026-06-30 | [Offshore Yuan Heads for Monthly Loss](https://feedsoft.ai/events/19037-offshore-yuan-heads-for-monthly-loss.md) | -0.0% | -0.3% |

## Sources

- yesdaily.com: https://www.yesdaily.com/xinwen_16479.html

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