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The Chinese central parity rate strengthened 93 pips to 6.9678 per dollar on Friday. The yuan is permitted to move up or down 2% from this rate each trading day.
Daily fixings show the pace of yuan appreciation, which affects the cost of dollar-priced commodity imports into China. The move is routine and has limited direct price impact.
Not enough comparable past events yet for a historical read.
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.