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The People's Bank of China raised the yuan midpoint for a second consecutive day, to 6.7152 per dollar, the strongest since November 3. Onshore and offshore yuan both gained in early Friday trade as the dollar index eased slightly from a roughly 19-month high.
A firmer yuan reduces the cost of dollar-priced imports for China and can support Chinese buying of US farm goods, though the effect on grain prices is modest and the article is mainly about currency and equities.
tw.stock.yahoo.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.
