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An FE analysis says the RBI's 2016 actions shaped the rupee's path and that the yuan has weakened about 15% against the dollar since early 2015. The author expects further yuan depreciation and cites Chinese capital outflows.
Yuan weakness and Chinese capital outflows can dampen Chinese import demand for feed, but the impact on prices here is limited.
preprod.financialexpress.comAnindya BanerjeeJan 1, 2017After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.
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.
