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China's onshore yuan fell to a three-week low of 7.1369 per dollar, its weakest since September 5. It was on track for its biggest weekly loss since mid-July as broad dollar strength lifted the greenback.
Some state banks were reported buying dollars in the spot market.
A weaker yuan makes Chinese purchases of dollar-priced feed inputs slightly more expensive, which can weigh on import demand at the margin. The effect on grain prices is modest because the move is driven mainly by dollar strength.
在过去 398 次看涨的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%(56% 上涨;中间一半区间为 -0.3% 至 +0.5%),20 个交易日内为 +0.0%。
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。