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The PBOC set the yuan reference rate at 6.7152 per dollar, up 0.033% from 6.7174, marking a second straight day of appreciation and the fifth consecutive day of yuan gains against the yen. The central bank also injected net liquidity of 280 billion yuan through reverse repos on the day.
A firmer yuan against the dollar modestly improves China's purchasing power for imported feed commodities, but the move is too small to change global grain or oilseed prices.
newsis.comNov 13, 2026After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% 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.
