# China yuan stabilisation against US dollar leads to influx of foreign interest in Chinese bonds | South China Morning Post

> Net foreign purchases of Chinese bonds reached 69.9 billion yuan (about $9.9 billion) in November, up from 10.8 billion yuan in October. The increase followed a period of yuan stability against the dollar, and foreign inflows have now run for nine consecutive months.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/55807-china-yuan-stabilisation-against-us-dollar-leads-to-influx-of-foreign-interest
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Capital inflows that support the yuan can ease pressure on Chinese importers and their demand for feed inputs. The effect on commodity prices is indirect.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-08-28 | [Why the yuan could soon shake off its sluggishness against the US dollar \| South China Morning Post](https://feedsoft.ai/events/51839-why-the-yuan-could-soon-shake-off-its-sluggishness-against-the-us-dollar-south.md) | -0.7% | -1.0% |
| USDCNY | 2016-11-28 | [China’s central bank talks up the yuan against US dollar ‘uncertainties’ \| South China Morning Post](https://feedsoft.ai/events/74062-china-s-central-bank-talks-up-the-yuan-against-us-dollar-uncertainties-south.md) | -0.5% | +0.4% |
| USDCNY | 2016-11-14 | [Chinese yuan tumbles to a seven-year low as dollar surges \| South China Morning Post](https://feedsoft.ai/events/7742-chinese-yuan-tumbles-to-a-seven-year-low-as-dollar-surges-south-china-morning.md) | +1.3% | +1.6% |
| USDCNY | 2026-08-27 | [China keeps yuan in check as PBOC resists sharp rise against weaker US dollar: analysts \| South China Morning Post](https://feedsoft.ai/events/18094-china-keeps-yuan-in-check-as-pboc-resists-sharp-rise-against-weaker-us-dollar.md) | -0.1% | -0.1% |
| USDCNY | 2021-06-03 | [China’s yuan slips against US dollar after Beijing taps financial tools to cool exchange rate \| South China Morning Post](https://feedsoft.ai/events/46816-china-s-yuan-slips-against-us-dollar-after-beijing-taps-financial-tools-to-cool.md) | +0.1% | +1.2% |

## Sources

- scmp.com: https://www.scmp.com/economy/china-economy/article/3041807/china-yuan-stabilisation-against-us-dollar-leads-influx

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