◂ Event Timeline

Nov 11, 2026MACROChina

PBOC Sets Yuan Parity Higher at 6.7191 Wednesday; Up 6.81% Year-on-Year

The People's Bank of China set the dollar-yuan central parity rate at 6.7191 on Wednesday, up from 6.7167 on Tuesday. The fixing was weaker for the yuan than the Bloomberg survey estimate of 6.6872.

WHY IT MATTERS

A weaker yuan can make imported feed and crop inputs more expensive for Chinese buyers and support local prices. The fixing is a routine currency signal, so its direct market impact is likely limited.

AFFECTSChinese Yuan (CNY per USD)▲

SOURCE
mnimarkets.comNov 11, 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.

Jun 28, 2018Chinese yuan hits fresh low against USD Wednesday+0.5%
Oct 25, 2022China’s Yuan CNY USD Drops as PBOC Sets Fix at Weakest Level in 14 Years - Bloomberg+0.6%
Oct 13, 2016Dollar stalls, yuan hits 6-year low on Chinese trade dip+0.3%
May 24, 2019Light PBOC touch makes once unlikely yuan at 7/$ seem possible-0.1%
Apr 8, 2025China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness | Reuters+0.1%

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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