
The Chinese central bank relaxed its yuan hedging rules as the currency bounced to a near two-year peak against the dollar. The move follows easing capital outflows and gives authorities confidence to loosen their control of a currency that weakened sharply in 2016.
Easier hedging rules make it cheaper to buy dollars against the yuan, which can reduce pressure on the yuan and affect the cost of dollar-priced grain imports. The policy change is a currency measure with limited direct effect on feed commodity prices.
Nach 42 vergangenen Ereignisse (neutral, Politik) bewegte sich Chinesischer Yuan (CNY pro USD) im Median über 5 Handelstage um -0,0 % (50% höher; mittlere Hälfte -0,3 % bis +0,4 %) und über 20 Handelstage um -0,2 %.
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.
The PBOC's relaxation of yuan hedging rules on 2017-09-11 is a same-day policy shift signaling comfort with a stronger yuan and easing outflow pressure, directly matching the 1-day move.