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The yuan's spot rate against the dollar closed at 6.6689 on November 12, up 16 basis points, trading between 6.6667 and 6.6718. The PBOC midpoint was set at 6.7174, weaker than market forecasts.
A firmer dollar on Fed hike bets limits yuan gains; for feed buyers in China, a stable yuan keeps import costs for soymeal and corn largely unchanged.
longbridge.comNov 12, 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.
