# [Focus on RMB] RMB to USD Midpoint Rate Hits Over One-Week High; Spot Rate Opens 11 Pips Lower at 6.6700

> The RMB midpoint was quoted at 6.7152 on November 13, up 22 pips and the second straight daily gain, while the onshore spot rate opened 11 pips lower at 6.6700. Market participants expect the US Dollar Index to keep strong momentum in the short term, and China Construction Bank forecasts a November trading range of 6.60 to 6.72.

- Date: 2026-11-13 · published 2026-11-13T03:10:47.993Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/97057-focus-on-rmb-rmb-to-usd-midpoint-rate-hits-over-one-week-high-spot-rate-opens
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Continued dollar strength and a range-bound yuan keep import costs for Chinese buyers of US feed ingredients broadly stable, with no clear price trigger for grains.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-10-21 | [China lifts yuan midpoint to 27-month high \| Financial Post](https://feedsoft.ai/events/50851-china-lifts-yuan-midpoint-to-27-month-high-financial-post.md) | +0.4% | -1.7% |
| USDCNY | 2019-10-10 | [Yuan hits 3-week high, swings wildly on trade headlines \| Financial Post](https://feedsoft.ai/events/56822-yuan-hits-3-week-high-swings-wildly-on-trade-headlines-financial-post.md) | -0.8% | -2.2% |
| USDCNY | 2026-08-25 | [Chinese yuan slips from 3-1/2-year high after PBOC signals unease over rapid gains - Markets - Business Recorder](https://feedsoft.ai/events/18095-chinese-yuan-slips-from-3-1-2-year-high-after-pboc-signals-unease-over-rapid.md) | -0.0% | -0.3% |
| USDCNY | 2019-06-04 | [Why the hurdle for a major CNY devaluation remains high \| Lombard Odier](https://feedsoft.ai/events/58823-why-the-hurdle-for-a-major-cny-devaluation-remains-high-lombard-odier.md) | +0.4% | -0.8% |
| USDCNY | 2022-06-29 | [Arab News \| India In-Focus — Rupee hits record low; Shares fall; UltraTech Cement paying for Russian coal in Chinese yuan](https://feedsoft.ai/events/41215-arab-news-india-in-focus-rupee-hits-record-low-shares-fall-ultratech-cement.md) | 0.0% | +0.7% |

## Sources

- longbridge.com: https://longbridge.com/news/305395797

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