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The PBOC set the dollar central rate at 6.7152 yuan, up 0.033% from the previous day, marking a second day of yuan appreciation. The central bank also injected net liquidity through reverse repo operations.
A firmer yuan modestly lowers China's dollar-denominated import costs for commodities. Routine liquidity operations have little direct effect on feed prices.
After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% 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.