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China's central parity rate was set at 6.7168 yuan per dollar, 0.018% weaker than the previous day's rate, marking a second consecutive depreciation. The People's Bank of China also supplied 226 billion yuan through overnight reverse repos, but maturities left it with a net liquidity withdrawal of 52 billion yuan that day; for the week, it absorbed 1.523 trillion yuan.
The weaker fixing can make dollar-priced feed imports more expensive in yuan, while the large weekly liquidity withdrawal may tighten domestic financial conditions. Both effects are indirect and do not point to a major immediate move in feed-commodity prices.
newsis.comNov 6, 2026After 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.
