
The offshore yuan rose at its fastest pace against the dollar in a year, with the dollar falling as low as 6.8071 yuan in offshore trade. The People's Bank of China lowered its yuan midpoint to 6.9307, and new capital-control rules were introduced that tighten scrutiny of large cash transactions and foreign-currency purchases.
Stronger yuan and tighter capital controls can support Chinese import purchasing power while reducing capital outflow pressure. The effect on feed commodity prices is likely small.
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.