
Four sources said China's major state-owned banks were buying dollars around 6.4 yuan per dollar to slow the yuan's rapid rise. The onshore yuan had hit its strongest level since June 2018 earlier that day.
Broad dollar weakness after soft US data and steady Federal Reserve signals had supported the currency.
State bank dollar buying is a direct intervention that may slow yuan appreciation and limit the boost to Chinese dollar-priced commodity imports. It signals official resistance to a stronger yuan.
Tras 42 eventos neutral de política 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 +0,4 %), y -0,2 % 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.