
China's yuan hit a three-week low near 6.92 per dollar and was set for its first monthly decline since July. The onshore yuan was down about 0.9% in March as higher oil prices and a stronger dollar weighed on sentiment.
The PBOC is leaning against disorderly moves through its daily fixing and 2% trading band.
A weaker yuan amid high oil prices raises China's import costs and can dampen its demand for dollar-priced feed and energy. Persistent dollar strength adds pressure on commodity prices quoted in USD.
Na 398 eerdere opwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan +0,0% over 5 sessies (56% hoger; middelste helft -0,3% tot +0,5%), en +0,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.