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Asian currencies traded mixed on Tuesday. The Australian dollar slipped 0.2% to $0.6988 after the RBA raised its cash rate 25 basis points to 4.85% in a 6-3 vote.
The offshore yuan weakened 0.37% to 6.6710 per dollar after the PBOC raised its FX reserve requirement ratio.
A weaker yuan makes US and Brazilian feed exports more expensive for Chinese buyers, which can soften import demand. Higher Australian rates support the Aussie, but a weaker currency can help Australian grain exporters compete.
ph.investing.comRoushni NairNov 3, 2026Not enough comparable past events yet for a historical read.
After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% 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.
