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China's foreign exchange reserves rose for a seventh straight month to $3.092 trillion in August. The People's Bank of China may have been a net buyer of foreign currency for the first time since October 2015, as capital outflows slowed and the yuan gained.
A possible return to net foreign-exchange purchases by the central bank signals reduced pressure on the yuan, which can support Chinese import capacity for feed. The data release mainly reflects currency conditions rather than a direct change in feed demand.
reuters.com7 sept 2017Tras 24 eventos de informe pasados, Yuan chino (CNY por USD) se movió una mediana de -0,0 % en 5 sesiones (46% al alza; mitad central entre -0,3 % y +0,4 %), y -0,9 % 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.
Rising FX reserves and likely PBOC net foreign currency buying point to slower capital outflows, which supported the yuan.
