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China's foreign exchange reserves rose for a seventh straight month to $3.092 trillion in August. The People's Bank of China may have been a net buyer of foreign currency for the first time since October 2015, as capital outflows slowed and the yuan gained.
A possible return to net foreign-exchange purchases by the central bank signals reduced pressure on the yuan, which can support Chinese import capacity for feed. The data release mainly reflects currency conditions rather than a direct change in feed demand.
reuters.com7 sep 2017Na 24 eerdere rapport-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan -0,0% over 5 sessies (46% hoger; middelste helft -0,3% tot +0,4%), en -0,9% 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.
Rising FX reserves and likely PBOC net foreign currency buying point to slower capital outflows, which supported the yuan.
