# China’s yuan slips as PBOC guides currency lower - Markets - Business Recorder

> The yuan slipped on May 8 after the PBOC set its fix at 7.2073, its weakest since April 24, following a surge to a six-month high. Traders are focused on US-China trade talks scheduled in Switzerland that weekend.

- Date: 2025-05-08 · published 2025-05-08T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/9620-china-s-yuan-slips-as-pboc-guides-currency-lower-markets-business-recorder
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan fix signals Beijing is leaning against further appreciation, which can temper Chinese import demand for dollar-priced commodities. Outcomes of the trade talks could shift the dollar and yuan direction.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-01-23 | [China’s yuan slips on worries over Trump tariff plans, pre-holiday dollar demand - Markets - Business Recorder](https://feedsoft.ai/events/9598-china-s-yuan-slips-on-worries-over-trump-tariff-plans-pre-holiday-dollar-demand.md) | -0.4% | -0.2% |
| USDCNY | 2026-02-27 | [Yuan Snaps Rising Streak After China Cuts Cost to Short Currency - Bloomberg](https://feedsoft.ai/events/7897-yuan-snaps-rising-streak-after-china-cuts-cost-to-short-currency-bloomberg.md) | +0.7% | +1.0% |
| USDCNY | 2024-11-26 | [China's yuan slides to four-month low on Trump's tariff promise \| Reuters](https://feedsoft.ai/events/27628-china-s-yuan-slides-to-four-month-low-on-trump-s-tariff-promise-reuters.md) | +0.6% | +0.8% |
| USDCNY | 2017-02-23 | [China's chances of being called a 'currency manipulator' just dropped](https://feedsoft.ai/events/72722-china-s-chances-of-being-called-a-currency-manipulator-just-dropped.md) | +0.0% | +0.0% |
| USDCNY | 2026-03-15 | [China encourages dollar buying to slow surging yuan](https://feedsoft.ai/events/11466-china-encourages-dollar-buying-to-slow-surging-yuan.md) | -0.2% | -1.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40361677

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.