# Yuan surges through 6.28 to a new high since the exchange-rate reform

> The onshore and offshore yuan both strengthened past 6.28 per US dollar, reaching their highest levels since China’s 2015 exchange-rate reform. The onshore rate was reported at 6.2805, after touching 6.2777, while the daily midpoint strengthened by 160 points to 6.2885.

- Date: 2026-11-07 · published 2026-11-07T12:08:36.779Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/85886-yuan-surges-through-6-28-to-a-new-high-since-the-exchange-rate-reform
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Further yuan appreciation can reduce the price competitiveness of Chinese exports and alter import purchasing power, but the report gives no direct feed-commodity supply or demand change.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-11-01 | [No major changes in the yuan’s exchange rate since August](https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august.md) | -0.9% | +0.0% |
| USDCNY | 2023-12-29 | [China's Yuan Surges to Seven-Month High: 2024 Outlook](https://feedsoft.ai/events/11842-china-s-yuan-surges-to-seven-month-high-2024-outlook.md) | +0.5% | +1.0% |
| USDCNY | 2019-11-05 | [China: Yuan surges past 7 per dollar for the first time since August](https://feedsoft.ai/events/56293-china-yuan-surges-past-7-per-dollar-for-the-first-time-since-august.md) | -0.3% | +0.3% |
| USDCNY | 2021-06-03 | [US-China economic talks put spotlight on yuan exchange rate as currency continues to surge \| South China Morning Post](https://feedsoft.ai/events/46818-us-china-economic-talks-put-spotlight-on-yuan-exchange-rate-as-currency.md) | +0.1% | +1.2% |
| USDCNY | 2018-04-01 | [Regulator warns Chinese not to ‘gamble’ on yuan exchange rate \| South China Morning Post](https://feedsoft.ai/events/65714-regulator-warns-chinese-not-to-gamble-on-yuan-exchange-rate-south-china-morning.md) | +0.5% | +1.0% |

## Sources

- yesdaily.com: https://www.yesdaily.com/xinwen_25151.html

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