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The onshore yuan rose 0.05% to 6.6711 per dollar on Friday as Chinese companies converted foreign earnings into yuan ahead of year-end. The gain came despite a dollar near a 19-month high on expectations of a December Federal Reserve rate hike.
Dollar strength driven by Fed rate hike expectations raises the cost of dollar-priced grain and oilseed imports for China, while seasonal yuan conversion partly offsets the pressure.
economictimes.indiatimes.comAnupam NagarNov 13, 2026After 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.
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.
