◂ Event Timeline

Nov 12, 2026MACROChina

Chinese yuan fixing set at 6.7174 against US dollar, stronger than prior day

The PBOC set the yuan's dollar reference rate at 6.7174, a 0.0017 yuan strengthening from the prior day. This was the second day in a row the dollar fixing was set in yuan-strengthening direction.

WHY IT MATTERS

A small yuan fixing change has little impact on feed commodity demand or prices.

AFFECTSChinese Yuan (CNY per USD)▼

SOURCE
nikkei.comNikkei Inc.Nov 12, 2026

Price reaction & history

Chinese Yuan (CNY per USD)▼bearish

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

Mar 28, 2024China sets yuan at much stronger fixing than markets expected+0.1%
Feb 1, 2026China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023-0.2%
Jan 20, 2020Dollar holds firm after strong US data, Chinese yuan extends run+0.8%
Mar 11, 2020Chinese Currency Rises Against US Dollar For Five Straight Days+0.7%
Feb 4, 2020China signals support for yuan with currency fix stronger than 7 per US dollar | The Straits Times-0.6%

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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