◂ Gebeurtenissenverloop

7 sep 2017MACROChina

PBOC Hasn't Embraced Yuan Gains Like This Since the Arab Spring

The People's Bank of China set the yuan reference rate higher for a ninth straight session, the longest run of strengthening since early 2011. The gains are the strongest central-bank support for the currency since the Arab Spring period.

WAAROM HET ER TOE DOET

Sustained central-bank support for the yuan signals policy tolerance for a stronger currency, which can lower the yuan cost of dollar-priced feed imports. The effect on feed prices is indirect and currency-driven.

BETREFTChinese yuan (CNY per USD)▼

BRON
bloomberg.comBloomberg News7 sep 2017

Koersreactie & historie

Chinese yuan (CNY per USD)▼neerwaartsTOT NU TOE1d -0,6%5d +0,3%20d +2,0%

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.

21 jun 2024USD/CNY: PBOC Gives Strongest Boost to Yuan Since April to Manage Decline - Bloomberg+0,1%
31 mei 2017Yuan Surges in Hong Kong as Traders See PBOC Squeezing Bears - Bloomberg-0,8%
1 sep 2020Yuan’s Jump to One-Year High Tests China’s Tolerance for Gains - Bloomberg-0,1%
8 dec 2021China's Yuan Highest Since 2018 as Easing Covid Worry Fuels Risk-On - Bloomberg+0,0%
30 jun 2020Chinese Yuan Gains on Strong PMI Readings, PBoC Easing-0,9%

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.

Gekoppelde prijsbewegingen

Chinese yuan (CNY per USD)-1,7%5 perioden tot 8 sep 2017-3,6σ
The PBOC's ninth straight stronger fixing signaled official tolerance for yuan appreciation and guided the market lower in CNY per USD.

Chinese yuan (CNY per USD) USDCNY · GP ▸

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