◂ Event Timeline

Nov 13, 2026MACROChina

Yuan midpoint rises against dollar

The People's Bank of China set the yuan's central parity rate at 6.7152 per dollar, 22 pips stronger than the previous day. Onshore and offshore yuan traded near 6.67 per dollar on Friday morning.

WHY IT MATTERS

A firmer yuan lowers the cost of dollar-priced commodity imports for China, which can support Chinese demand for feed grains and meal. The move is a currency story with little direct effect on grain prices.

AFFECTSChinese Yuan (CNY per USD)

2 SOURCES
news.rthk.hkNov 13, 2026
wenweipo.comNov 13, 2026

Price reaction & history

Chinese Yuan (CNY per USD)no directional read

After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% over 20.

Mar 26, 2024Chinese Yuan Bounces Back Against US Dollar+0.3%
Jan 5, 2017China’s offshore yuan surges most against dollar in a year+0.1%
Aug 1, 2018Rupee closes higher against US dollar+0.4%
Jun 29, 2018Renminbi Continues to Fall: Central bank sets yuan midpoint fixing against dollar at 6.6166 - CGTN+0.2%
Jun 18, 2025Yuan holds steady against dollar as regulators vow stability-0.1%

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.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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