Yuan reaches 6.91 per dollar after seven-month run, up 5% in 2025 as dollar softens

As of February 10, 2026, the Chinese yuan traded at 6.91 per dollar, its strongest level since May 2023, extending a seven-month advance. The currency has risen 5% since the start of 2025 amid reduced bank demand for U.S. Treasuries and a softer dollar, while a February 6 regulatory move banning unapproved yuan-linked crypto products underscores support for the currency.