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The onshore and offshore yuan both edged higher against the dollar for a second consecutive session. The PBOC strengthened its midpoint by 21 basis points to 6.7167 per dollar, while a previously announced increase in the foreign-currency reserve requirement ratio is due to take effect on November 15.
A stronger yuan can reduce the cost of imported feed ingredients in local currency, while the higher reserve requirement may constrain available foreign-currency funds and help ease appreciation pressure. The reported spot moves were small, so the immediate commodity-price impact is limited.
tw.stock.yahoo.comNov 10, 2026After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.
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.
