
China's central bank set the yuan reference rate 0.9% weaker at 6.6375 per dollar, its biggest fixing move since August. The move came as the dollar index jumped 2.4% in two days, its largest gain since 2011, after Britain voted to leave the EU.
The onshore yuan traded near its weakest close since December 2010.
A weaker yuan makes Chinese exports more competitive and can cut demand for dollar-priced commodities, while a stronger dollar typically pressures grain and feed prices.
Setelah 398 peristiwa makro bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (56% lebih tinggi; separuh tengah -0,3% sampai +0,5%), dan +0,0% selama 20 sesi.
Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
The PBOC set its weakest fixing move since August (0.9%) as the dollar surged after Brexit, directly pushing USD/CNY higher in the window.