
The yuan slipped on Friday after rising for 10 sessions, its longest run of gains since 2010. The slip followed a PBOC statement that it will remove a 20% risk reserve on foreign-currency forward contracts from March.
The reserve change is a currency-policy signal with limited direct effect on feed commodity prices.
Setelah 31 peristiwa kebijakan bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median -0,2% selama 5 sesi (42% lebih tinggi; separuh tengah -0,4% sampai +0,3%), dan -0,1% 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's removal of the 20% FX forward risk reserve, announced Feb 27 and effective March, ended a 10-session yuan rally and set up a sharp CNY/USD move into the next trading day.