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The Chinese central parity rate strengthened 50 pips to 6.3907 per dollar on Friday, according to the China Foreign Exchange Trade System. The yuan may trade within 2 percent of the central parity rate each day.
This is a routine daily fixing with no new cause, so it has no meaningful implication for feed commodity prices.
en.xfafinance.comOct 29, 2021Not 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.
