Loading…
The People’s Bank of China set the yuan’s reference rate at 6.7191 per dollar, compared with 6.7167 the previous day, a 0.036% depreciation. It also supplied 187 billion yuan through overnight reverse repos while 190 billion yuan matured, resulting in a net liquidity withdrawal of 3 billion yuan.
A weaker yuan can increase the cost of dollar-denominated feed imports for Chinese buyers; the small net liquidity withdrawal is not, by itself, a major commodity-price driver.
fnnews.comNov 11, 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.
