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The PBOC's central parity rate weakened 14 basis points to 6.6487 per US dollar on Monday, October 30, according to the China Foreign Exchange Trade System. The yuan may move 2 percent either side of the fixing each day.
A small move in the fixing has little direct effect on feed ingredient prices. It is routine currency reporting that only describes a small move.
business-standard.comIANSOct 30, 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.
