The offshore yuan slipped to around 6.90 per dollar on Friday, snapping a sixth straight day of gains and retreating from a 33-month high reached in the previous session, weighed down by a weaker-than-expected daily fixing. The People's Bank of China set the yuan’s midpoint rate at 6.9398 per dollar, 350 pips weaker than a Reuters estimate. The latest move signaled an effort to temper the currency’s recent appreciation, with policymakers remaining cautious about allowing the yuan to strengthen too quickly, as seasonal demand typically boosts the currency ahead of the Lunar New Year holiday. On the geopolitical front, the US has reportedly paused several major tech-security measures targeting China ahead of a planned April meeting between Presidents Donald Trump and Xi Jinping, easing some pressure on markets. Despite Friday’s pullback, the offshore yuan remains on course for a second straight weekly gain, marking its strongest weekly performance since May 2023.
The USD/CNY exchange rate rose to 6.8982 on February 13, 2026, up 0.06% from the previous session. Over the past month, the Chinese Yuan has strengthened 1.04%, and is up by 5.00% over the last 12 months. Historically, the USDCNY reached an all time high of 8.73 in January of 1994. Chinese Yuan - data, forecasts, historical chart - was last updated on February 14 of 2026.
The USD/CNY exchange rate rose to 6.8982 on February 13, 2026, up 0.06% from the previous session. Over the past month, the Chinese Yuan has strengthened 1.04%, and is up by 5.00% over the last 12 months. The Chinese Yuan is expected to trade at 6.92 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.86 in 12 months time.