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A leading currency expert said the renminbi should remain broadly stable with two-way fluctuations against the dollar in coming months. The offshore renminbi had passed the 7-per-dollar mark in late September after the Fed's rate cut and China's stimulus package.
A stable yuan limits sudden shifts in the cost of dollar-priced Chinese imports, so it has little direct effect on feed prices. The People's Bank of China is seen as ready to curb overshoots in either direction.
chinadaily.com.cnZHOU LANXU7 oct 2024Tras 169 eventos neutral de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -0,3 % y +0,2 %), y -0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
