
China's central bank set stronger-than-expected yuan midpoint fixings this week, and state banks were seen selling dollars onshore and offshore. The yuan has lost nearly 5% against the dollar this year and is among the weakest Asian currencies.
Markets expect the PBOC may add policy measures if the slide continues.
A weaker yuan raises the cost of imports for China, a major buyer of feed grains and oilseeds, which can slow purchases and pressure prices. Intervention to defend the currency signals policymakers' concern about this pressure.
Na 362 eerdere neerwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan -0,1% over 5 sessies (42% hoger; middelste helft -0,4% tot +0,1%), en -0,2% 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.