◂ Event Timeline

Nov 12, 2026MACROChina

China sets central rate for yuan at 6.7174 per USD, stronger today

The China Foreign Exchange Trading System reported that the yuan's central rate strengthened 0.0017 to 6.7174 per USD. Spot trading may move up to 2 percent either side of the central rate.

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
infoquest.co.thPasit OunmaettachitNov 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.

Feb 1, 2026China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023-0.2%
Mar 28, 2024China sets yuan at much stronger fixing than markets expected+0.1%
Sep 4, 2017PBOC Sets Central Parity Rate of Yuan Against Dollar at 6.5668-0.5%
Nov 28, 2023PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)-0.1%
Oct 1, 2020China Allows for Stronger Yuan as Xi Turns Focus to Home0.0%

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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