# Yuan-Dollar Midpoint Set at 6.7188, Down 20 Pips

> China set the yuan’s daily midpoint at 6.7188 per dollar on November 9, 20 pips weaker than the previous setting. Market pricing cited a 78% probability of a 25-basis-point Federal Reserve rate increase in December.

- Date: 2026-11-09 · published 2026-11-09T12:09:39.993Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/89338-yuan-dollar-midpoint-set-at-6-7188-down-20-pips
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker midpoint can add to yuan depreciation pressure and raise the local-currency cost of imported feed ingredients. The move is modest and reflects exchange-rate expectations rather than a change in commodity supply or demand.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-06-29 | [Renminbi Continues to Fall: Central bank sets yuan midpoint fixing against dollar at 6.6166 - CGTN](https://feedsoft.ai/events/64735-renminbi-continues-to-fall-central-bank-sets-yuan-midpoint-fixing-against.md) | +0.2% | +2.8% |
| USDCNY | 2023-05-18 | [As China's yuan drops through 7 again, the dollar is in the driver's seat](https://feedsoft.ai/events/36175-as-china-s-yuan-drops-through-7-again-the-dollar-is-in-the-driver-s-seat.md) | +0.9% | +1.9% |
| USDCNY | 2020-11-09 | [China sets yuan midpoint at 28-month high after Joe Biden wins presidency \| Financial Post](https://feedsoft.ai/events/50361-china-sets-yuan-midpoint-at-28-month-high-after-joe-biden-wins-presidency.md) | -0.4% | -1.0% |
| USDCNY | 2026-03-30 | [Yuan Slips As Oil And The Dollar Stay Strong - Finimize](https://feedsoft.ai/events/20388-yuan-slips-as-oil-and-the-dollar-stay-strong-finimize.md) | -0.4% | -1.1% |
| USDCNY | 2024-05-30 | [Yuan Hits Six-Month Low Amid Dollar Surge - Finimize](https://feedsoft.ai/events/30493-yuan-hits-six-month-low-amid-dollar-surge-finimize.md) | -0.0% | +0.3% |

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/forex/rmb/2026-11-09/doc-iniyauwh6697018.shtml

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