
The PBOC largely halted currency intervention in March, with China's FX reserves edging up to $3.009 trillion at end-March. Analysts said the halt may be temporary and the yuan could depreciate again if the US dollar rallies.
Moderating capital outflows were also cited.
Renewed yuan weakness would raise the cost of imports in dollar terms for Chinese buyers and could reduce their purchasing of US feed commodities. The effect on prices is modest and indirect.
Setelah 169 peristiwa makro netral sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -0,3% sampai +0,2%), dan -0,0% 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.