# USD/CNH Forecast: Yuan Holds Near 6.67 as PBOC Pushes Back

> USD/CNH held near 6.67 on November 13 while the PBOC fix sat near 6.72, with the spot rate able to move 2% either side of the fix. The PBOC has set weaker-than-expected daily fixes repeatedly this month, while the dollar reached a 19-month high.

- Date: 2026-11-13 · published 2026-11-13T12:12:02.446Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/97704-usd-cnh-forecast-yuan-holds-near-6-67-as-pboc-pushes-back
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The PBOC's weak fixes slow yuan appreciation, which limits the cost relief for Chinese importers of dollar-priced feed ingredients. Dollar strength against the yuan keeps import costs elevated.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-10-30 | [As China's yuan becomes a Biden election play, PBOC pushes back \| Financial Post](https://feedsoft.ai/events/50847-as-china-s-yuan-becomes-a-biden-election-play-pboc-pushes-back-financial-post.md) | -1.7% | -2.1% |
| USDCNY | 2024-03-26 | [Chinese Yuan Bounces Back Against US Dollar](https://feedsoft.ai/events/31443-chinese-yuan-bounces-back-against-us-dollar.md) | +0.3% | +0.4% |
| USDCNY | 2021-04-01 | [China: Revising our USD/CNY forecast](https://feedsoft.ai/events/47813-china-revising-our-usd-cny-forecast.md) | -0.2% | -1.1% |
| USDCNY | 2025-09-23 | [China’s Yuan Holds Firm After State Banks Step In - Finimize](https://feedsoft.ai/events/23116-china-s-yuan-holds-firm-after-state-banks-step-in-finimize.md) | +0.1% | +0.1% |
| USDCNY | 2018-03-30 | [The yuan can't win back investor trust  - Nikkei Asia](https://feedsoft.ai/events/66214-the-yuan-can-t-win-back-investor-trust-nikkei-asia.md) | +0.3% | +0.7% |

## Sources

- investingcube.com: https://www.investingcube.com/forex/usd-cnh-forecast-yuan-holds-near-6-67-as-pboc-pushes-back/

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