◂ Event Timeline

Nov 12, 2026MACROChina

Yuan central parity rate at 6.7174 per USD on November 12, up 17 basis points

The People's Bank of China, through the China Foreign Exchange Trade System, set the USD/CNY central parity rate at 6.7174 on November 12, 2026. The rate rose 17 basis points from the previous day.

WHY IT MATTERS

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.

AFFECTSChinese Yuan (CNY per USD)

SOURCE
chinanews.com.cnNov 12, 2026

Price reaction & history

Chinese Yuan (CNY per USD)no directional read

After 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.

Sep 4, 2017PBOC Sets Central Parity Rate of Yuan Against Dollar at 6.5668-0.5%
Aug 30, 2017Central Parity Rate of Yuan Against Dollar Declines 191 Basis Points on Wednesday; Chinese Currency Breaches Important Threshold of USD6.6 Yesterday-1.1%
Nov 28, 2023PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)-0.1%
May 27, 2025PBOC sets USD/ CNY central rate at 7.1876 (vs. estimate at 7.1842) — TradingView News+0.2%
Sep 30, 2020Pause in yuan's rise to persist through November 3 US election-0.4%

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 ▸

· ·