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The yuan's central parity rate weakened 414 basis points to 6.7495 per dollar on Monday, February 11. The rate is set from a weighted average of market-maker prices before the interbank market opens.
Routine daily fixing moves have little direct effect on feed commodity prices unless they signal a broader change in China's currency stance.
business-standard.comIANSFeb 11, 2019Not 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.
