◂ Event Timeline

Nov 9, 2026MACROChina

On November 9, the yuan midpoint against the US dollar was set at 6.7188, down 20 basis points

The PBOC-authorized China Foreign Exchange Trade System announced a November 9 yuan midpoint of 6.7188 per US dollar, 20 basis points weaker than the previous fixing.

WHY IT MATTERS

The weaker midpoint modestly raises the exchange-rate cost of dollar-denominated imports, but the move alone is unlikely to materially affect feed-commodity prices.

AFFECTSChinese Yuan (CNY per USD)▲

SOURCE
chinanews.com.cnNov 9, 2026

Price reaction & history

Chinese Yuan (CNY per USD)▲bullish

After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.

Feb 20, 2024Onshore yuan trades at its weakest against dollar since November last year+0.1%
Jun 29, 2018Renminbi Continues to Fall: Central bank sets yuan midpoint fixing against dollar at 6.6166 - CGTN+0.2%
Aug 5, 2019Yuan sinks past seven against the dollar to over decade low+1.8%
May 18, 2019Onshore Yuan Breaks 6.9 Against U.S. Dollar as Trade War Intensifies - Caixin Global-0.3%
Jun 29, 2026Chinese Yuan: China slowdown weighs on CNY against US Dollar – Commerzbank-0.0%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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