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China’s Yuan Holds Near Multi-Year High as Investors Await US Inflation Data

China’s yuan remained near a multi-year high around 6.71 per dollar as investors awaited US inflation data and reassessed the outlook for Federal Reserve interest rates.

By Bernard Lee4 min read

Shanghai, 11 September 2026 – China’s yuan remained broadly steady near its strongest levels in more than three years as investors awaited crucial US inflation data that could determine whether the Federal Reserve raises interest rates at its September policy meeting.

The onshore yuan was trading around 6.71 per US dollar, keeping the Chinese currency close to levels last seen in early 2023 despite renewed strength in the greenback.

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Author

  • Bernard Lee

    Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.