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A Citi executive expects the yuan could reach 6.5 per dollar by mid-next year, a gain of nearly 3% from Wednesday's level of 6.67. The comment concerns Chinese companies' global expansion and cross-border yuan business.
A stronger yuan forecast would lower the cost of dollar-priced feed imports for China, but the effect on commodity prices is modest and long-dated.
money.usnews.comReutersNov 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.
