
China's yuan slipped to a near three-week low against the dollar on Friday and was heading for a second straight weekly loss. Safe-haven demand for the dollar intensified as the Middle East conflict continued, and Brent crude rose past $105 a barrel.
The PBOC set its midpoint at 6.9141, the weakest fix since March 9.
Yuan weakness alongside a surge in crude raises China's effective cost of energy and grain imports, which can weigh on its purchasing. Stronger dollar conditions also pressure US export competitiveness for feed commodities.
Tras 398 eventos alcista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (56% al alza; mitad central entre -0,3 % y +0,5 %), 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.