Loading…
The Chinese central parity rate weakened 175 basis points to 6.6247 per US dollar on November 6, 2017, according to Xinhua. The item is an automated market report on the daily fix.
A routine daily fix move with no new policy or market cause, so it has minimal effect on feed commodity pricing. It only tracks modest yuan weakness.
xinhuanet.comNov 6, 2017Not 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.
