# Chinese yuan spot rises 99 pips, up 14 straight sessions to 6.6458, highest in nearly four years and five months

> The onshore yuan spot rate closed at 6.6458 per dollar, up 99 pips and extending a 14-day winning streak to its strongest level since June 2022. The offshore yuan rose to 6.6435, while the PBOC midpoint was set at 6.7146, slightly weaker by 8 pips. Analysts expect gradual further appreciation with US midterm election events now in focus.

- Date: 2026-11-13 · published 2026-11-13T00:11:57.184Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/96708-chinese-yuan-spot-rises-99-pips-up-14-straight-sessions-to-6-6458-highest-in
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A sustained yuan appreciation makes dollar-priced US farm exports relatively cheaper for Chinese buyers in yuan terms, but also lowers the yuan cost of imports, which can ease China's domestic feed input costs. The effect on grain and meal prices is modest and gradual.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-06-30 | [China's yuan rises after midpoint set at highest in nearly 8 months — TradingView News](https://feedsoft.ai/events/24427-china-s-yuan-rises-after-midpoint-set-at-highest-in-nearly-8-months-tradingview.md) | +0.0% | +0.1% |
| USDCNY | 2017-09-08 | [Chinese yuan strengthens to near 16-month high against USD - People's Daily Online](https://feedsoft.ai/events/7803-chinese-yuan-strengthens-to-near-16-month-high-against-usd-people-s-daily-online.md) | +1.1% | +2.6% |
| USDCNY | 2018-12-04 | [Chinese Yuan Spikes to 3-Month High As Trade Tensions Ease - Markets Insider](https://feedsoft.ai/events/6923-chinese-yuan-spikes-to-3-month-high-as-trade-tensions-ease-markets-insider.md) | +0.2% | -0.2% |
| USDCNY | 2026-02-26 | [Chinese Yuan Breaks Past 6.84 to US Dollar, Hitting Nearly Three-Year High](https://feedsoft.ai/events/9165-chinese-yuan-breaks-past-6-84-to-us-dollar-hitting-nearly-three-year-high.md) | +0.4% | +0.5% |
| USDCNY | 2020-03-11 | [Chinese Currency Rises Against US Dollar For Five Straight Days](https://feedsoft.ai/events/10774-chinese-currency-rises-against-us-dollar-for-five-straight-days.md) | +0.7% | +1.3% |

## Sources

- etnet.com.hk: https://www.etnet.com.hk/www/tc/forex/news-article/20261102831/%E3%80%90%E8%81%9A%E7%84%A6%E4%BA%BA%E5%B9%A3%E3%80%91%E4%BA%BA%E5%B9%A3%E5%8D%B3%E6%9C%9F%E6%94%B6%E5%8D%8799%E9%BB%9E%E5%AD%90%EF%BC%8C%E9%80%A3%E5%8D%8714%E6%97%A5%E5%A0%B16.6458%EF%BC%8C%E7%BA%8C%E5%89%B5%E8%BF%91%E5%9B%9B%E5%B9%B4%E4%BA%94%E5%80%8B%E6%9C%88%E9%AB%98

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