
The yuan slipped to a one-year low against the dollar as strict Covid lockdowns were reported in parts of Beijing, Shanghai and other cities. The currency had suffered its worst week in seven years, and the PBOC set its midpoint at 6.4909.
Lockdowns raise the risk of supply chain disruption and weaker Chinese demand for feed inputs. A falling yuan makes dollar-priced imports more expensive for Chinese buyers.
Nach 398 vergangenen Ereignisse (bullisch, Makro) bewegte sich Chinesischer Yuan (CNY pro USD) im Median über 5 Handelstage um +0,0 % (56% höher; mittlere Hälfte -0,3 % bis +0,5 %) und über 20 Handelstage um +0,0 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Yuan hit one-year lows amid Beijing and Shanghai lockdowns and its worst week in seven years, reflecting sentiment-driven depreciation within the window.
On 2022-04-25 the yuan hit one-year lows on reported Covid lockdowns in Beijing and Shanghai, directly pushing USD/CNY higher.