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The PBOC set the USD/CNY reference rate at 6.7900 for Tuesday's session, slightly higher than the prior fix. The article covers the central bank's policy tools including the seven-day reverse repo rate.
A higher USD/CNY fix signals a weaker yuan, which can reduce Chinese import purchasing power for feed grains and meal at the margin.
After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.