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The yuan edged higher against the dollar after the central bank announced a 500 billion yuan funding scheme to support the equity market. The PBOC also set its midpoint rate at 7.0742, slightly weaker than a Reuters estimate.
Gains in the yuan from policy support reduce the local cost of dollar-priced imports, though analysts expect the moves to be gradual. The impact on feed commodity prices is small.
brecorder.comReuters2024年10月10日在过去 362 次看跌的宏观事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.1%（42% 上涨；中间一半区间为 -0.4% 至 +0.1%），20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
The PBOC set a weaker-than-expected midpoint of 7.0742 and the yuan was held up only modestly by equity-support funding, showing the dollar strength was partly offset.
