◂ Linimasa Peristiwa

25 Okt 2022MAKROTiongkok

FX Daily: People’s Bank of China loosens its hold on the renminbi

The People's Bank of China set a much weaker USD/CNY midpoint fixing of 7.1668, after holding the rate near 7.11 since late September. ING reads this as Beijing allowing market forces a bigger role in the yuan and a dollar-positive development.

MENGAPA INI PENTING

A weaker yuan raises the cost of dollar-priced imports for China, which can slow purchases of US soybeans, corn and meal at the margin. It also signals policy tolerance for further yuan weakness.

BERDAMPAK PADAYuan Tiongkok (CNY per USD)▲

1 SUMBER
think.ing.comChris Turner, Frantisek Taborsky, Francesco Pesole25 Okt 2022

Reaksi harga & riwayat

Yuan Tiongkok (CNY per USD)▲bullishSEJAUH INI1d +0,1%5d +0,6%20d -1,7%

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.

16 Apr 2025Asia FX Talking: Pressure builds on the renminbi | articles | ING THINK-0,0%
9 Mei 2022FX Daily: Renminbi re-appraisal keeps emerging market FX on back foot | articles | ING THINK+1,8%
3 Jun 2019China: Revising yuan lower but 7.0 should hold | articles | ING THINK+0,0%
8 Mei 2019EM FX: Floating in a sea of red | articles | ING THINK+1,4%
20 Feb 2020Breaking: The People's Bank of China cut interest rates: AUD and Yuan sliding — Octa+0,3%

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.

Yuan Tiongkok (CNY per USD) USDCNY · GP ▸

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