# China’s yuan eases as investors expect higher cash injection in June - Markets - Business Recorder

> China's yuan touched a near one-week low on June 2 as investors expected larger central bank liquidity injections in June. Provinces were racing to issue about $225 billion of bonds to support the economy.

- Date: 2022-06-02 · published 2022-06-02T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/41174-china-s-yuan-eases-as-investors-expect-higher-cash-injection-in-june-markets
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Expected liquidity injections and bond-funded stimulus may weaken the yuan, raising the local cost of dollar-priced feed imports, though stimulus supports Chinese demand.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-06-19 | [China’s yuan eases as investors wait for stimulus details, outcome of Blinken visit - Markets - Business Recorder](https://feedsoft.ai/events/11232-china-s-yuan-eases-as-investors-wait-for-stimulus-details-outcome-of-blinken.md) | +1.6% | +0.8% |
| USDCNY | 2024-10-31 | [China’s yuan eases ahead of US election, shrugs off strong PMI - Markets - Business Recorder](https://feedsoft.ai/events/28077-china-s-yuan-eases-ahead-of-us-election-shrugs-off-strong-pmi-markets-business.md) | +0.8% | +1.7% |
| USDCNY | 2024-10-21 | [China’s yuan steady after LPR cuts, eyes on US election - Markets - Business Recorder](https://feedsoft.ai/events/28080-china-s-yuan-steady-after-lpr-cuts-eyes-on-us-election-markets-business-recorder.md) | +0.3% | +1.9% |
| USDCNY | 2021-10-18 | [Yuan slips after China's Q3 GDP slower than expected - Markets - Business Recorder](https://feedsoft.ai/events/7479-yuan-slips-after-china-s-q3-gdp-slower-than-expected-markets-business-recorder.md) | -0.8% | -0.8% |
| USDCNY | 2021-01-11 | [China's yuan eases to 1-week low to reflect dollar rebound - Markets - Business Recorder](https://feedsoft.ai/events/49365-china-s-yuan-eases-to-1-week-low-to-reflect-dollar-rebound-markets-business.md) | +0.1% | -0.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40177336

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.