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The People's Bank of China set the USD/CNY central parity rate at 6.7174 for the Thursday session, versus 6.7191 the previous day and a Reuters estimate of 6.6797. The fix is a stronger yuan than the prior day's level.
A firmer yuan modestly reduces the cost of dollar-priced imports for China, a major buyer of feed grains and meal. The effect on feed prices is marginal and mostly indirect.
fxstreet.comHaresh MenghaniNov 12, 2026After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% 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.
