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China set its weakest daily reference rate in nearly three weeks at 6.7191 per dollar on November 11. Onshore spot traded at 6.6746 and offshore at 6.6736, both showing modest yuan gains in Asian trading.
The split between a weaker fixing and firmer spot trading signals mixed currency pressure on Chinese import costs for dollar-priced feed commodities. The effect on grain prices is small because the spot moves are modest.
fxnews.aiFXNews Markets DeskNov 11, 2026After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), and -0.0% 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.
