
The PBOC set its yuan midpoint at 7.2008 per dollar after the national holiday, little changed from Friday. The offshore yuan partly reversed a 1% gain made over the long weekend.
A firm official fix limits how far the yuan can strengthen, which can slow the currency-driven rally in Asian currencies. Less yuan appreciation means less support for Chinese import demand from currency gains.
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.
The offshore yuan's 1% gain over the long weekend and the PBOC's roughly unchanged midpoint show the catch-up move on May 6 and the official restraint around it.