◂ Gebeurtenissenverloop

31 aug 2022MACROChina

China state-owned banks reportedly seen selling dollars in onshore market

Citing four sources, Reuters reported that Chinese state-owned banks were seen selling dollars in the onshore market. The trades appeared aimed at pushing the yuan stronger and holding USD/CNY below 6.90 for the day.

WAAROM HET ER TOE DOET

State dollar selling supports the yuan and can reduce import costs for Chinese feed buyers, though it is a currency intervention rather than a change in grain demand.

BETREFTChinese yuan (CNY per USD)▼

BRON
investinglive.comJustin Low31 aug 2022

Koersreactie & historie

Chinese yuan (CNY per USD)▼neerwaartsTOT NU TOE1d -0,3%5d +0,8%20d +4,2%

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.

17 okt 2022EXCLUSIVE: Exclusive: China's state banks seen acquiring dollars in swaps market to stabilise yuan | Reuters+0,7%
25 jul 2023China state banks seen selling US dollars to prop up yuan -sources-0,6%
6 dec 2023China state banks selling dollars for second day to support yuan - sources+0,4%
20 jul 2023Exclusive: China's state banks selling dollars offshore to slow yuan declines, sources say-1,0%
26 mei 2023China’s yuan rebounds after state banks sell dollars to lend support - Markets - Business Recorder+0,1%

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.

Chinese yuan (CNY per USD) USDCNY · GP ▸

——— · ·

Laden…