Loading…

The PBOC midpoint was 6.7152 per dollar on November 13, up 22 pips from the previous day, with the euro and several other currencies also repriced. The article explains the difference between the midpoint, spot quotes and bank buy and sell prices.
Currency reference rates set the local-currency cost of dollar-priced feed imports, but this is a routine explainer with limited market impact.
After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.