# CNY and CNH rise for a second straight session in morning trade, with 6.66 a short-term resistance level

> 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.

- Date: 2026-11-10 · published 2026-11-10T03:09:20.320Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/90725-cny-and-cnh-rise-for-a-second-straight-session-in-morning-trade-with-6-66-a
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

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.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-07-31 | [Opinion \| Why China may be ready for a strong yuan, and the US could follow up with a weak dollar policy \| South China Morning Post](https://feedsoft.ai/events/58328-opinion-why-china-may-be-ready-for-a-strong-yuan-and-the-us-could-follow-up.md) | +2.0% | +4.0% |
| USDCNY | 2019-01-29 | [Chinese renminbi (CNY) set to stay firm amid trade talks \| ECONOMETER](https://feedsoft.ai/events/61311-chinese-renminbi-cny-set-to-stay-firm-amid-trade-talks-econometer.md) | -0.0% | -0.9% |
| USDCNY | 2025-11-26 | [China sets strongest yuan fix in over a year as Fed-cut bets rise \| South China Morning Post](https://feedsoft.ai/events/22172-china-sets-strongest-yuan-fix-in-over-a-year-as-fed-cut-bets-rise-south-china.md) | -0.3% | -1.0% |
| USDCNY | 2021-02-09 | [Opinion \| Why a stronger yuan is still in China’s best interests \| South China Morning Post](https://feedsoft.ai/events/48873-opinion-why-a-stronger-yuan-is-still-in-china-s-best-interests-south-china.md) | +0.1% | +0.9% |
| USDCNY | 2021-12-08 | [China’s yuan strengthens as trade surplus hits US$72 billion in November amid robust export growth \| South China Morning Post](https://feedsoft.ai/events/11295-china-s-yuan-strengthens-as-trade-surplus-hits-us-72-billion-in-november-amid.md) | +0.0% | +0.3% |

## Sources

- tw.stock.yahoo.com: https://tw.stock.yahoo.com/news/cny-cnh%E6%97%A9%E7%9B%A4%E9%80%A3%E8%A2%82%E9%80%A3%E4%BA%8C%E5%BD%88-6-66%E5%85%83%E6%88%90%E7%9F%AD%E7%B7%9A%E9%98%BB%E5%8A%9B%E9%97%9C%E5%8D%A1-022625354.html

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