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The onshore yuan closed at 6.5979 per US dollar, up 0.09% from the prior Friday, while the offshore yuan traded around 6.59. The People's Bank of China set its official midpoint at 6.5874, a 0.1% cut and its first reduction in four days.
Traders cited US tax bill debate and Federal Reserve chair nomination hearings as sources of uncertainty.
A stable yuan with an inverted onshore-offshore spread points to steady Chinese import purchasing power for commodities. Currency swings tied to US policy uncertainty can change the dollar cost of Chinese demand for grains and meal.
yesdaily.comNov 14, 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.
