# Renminbi breaks through 6.67 level, Nov. 12 latest news

> The onshore and offshore yuan fell below 6.67 per dollar as the US dollar strengthened, with the CNY closing down 349 points at 6.6699. The central parity fell 93 points to 6.6285, a one-month low.

- Date: 2026-11-12 · published 2026-11-12T00:12:41.853Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/94409-renminbi-breaks-through-6-67-level-nov-12-latest-news
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A weaker yuan makes Chinese imports of US soybeans and other feed ingredients more expensive in local currency, which can slow purchases and weigh on US prices. The move reflects a stronger dollar, so it is a mild bearish signal for dollar-priced feed commodities.

## Read by commodity

- SOY: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2022-06-10 | [China's renminbi will likely remain weak for the rest of 2022 \| Oxford Economics](https://feedsoft.ai/events/41170-china-s-renminbi-will-likely-remain-weak-for-the-rest-of-2022-oxford-economics.md) | +0.2% | +0.4% |
| USDCNY | 2024-05-06 | [Risk of a renminbi devaluation is real](https://feedsoft.ai/events/5871-risk-of-a-renminbi-devaluation-is-real.md) | -0.2% | +0.0% |
| USDCNY | 2024-05-29 | [Pressure mounts on Beijing to allow renminbi to weaken - The Pound Hub](https://feedsoft.ai/events/30494-pressure-mounts-on-beijing-to-allow-renminbi-to-weaken-the-pound-hub.md) | -0.1% | +0.3% |
| USDCNY | 2025-04-16 | [Asia FX Talking: Pressure builds on the renminbi \| articles \| ING THINK](https://feedsoft.ai/events/25366-asia-fx-talking-pressure-builds-on-the-renminbi-articles-ing-think.md) | -0.0% | -1.5% |
| USDCNY | 2022-03-23 | [China's renminbi at crossroads as Covid-19 resurgence threatens economic growth \| The Straits Times](https://feedsoft.ai/events/42483-china-s-renminbi-at-crossroads-as-covid-19-resurgence-threatens-economic-growth.md) | -0.0% | +0.4% |
| SOY | 2024-05-29 | [Pressure mounts on Beijing to allow renminbi to weaken - The Pound Hub](https://feedsoft.ai/events/30494-pressure-mounts-on-beijing-to-allow-renminbi-to-weaken-the-pound-hub.md) | -4.1% | -5.4% |
| SOY | 2022-04-29 | [Renminbi on course for steepest monthly fall as China’s economy slows](https://feedsoft.ai/events/42067-renminbi-on-course-for-steepest-monthly-fall-as-china-s-economy-slows.md) | -1.6% | +1.2% |
| SOY | 2024-01-23 | [Brazil's real weakens past 5.00 per dollar for 1st time since November](https://feedsoft.ai/events/32323-brazil-s-real-weakens-past-5-00-per-dollar-for-1st-time-since-november.md) | -2.5% | -3.7% |

## Sources

- yesdaily.com: https://www.yesdaily.com/xinwen_57099.html

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