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China's yuan has weakened more than 5% against the dollar this year and has recently been pressed to the lower end of its trading band as the dollar strengthened. The article explains that the central bank's midpoint fixing mechanism, including a counter-cyclical factor, has been set far firmer than expected, partly restraining the yuan's moves.
A weaker yuan makes Chinese buying of dollar-priced feed ingredients like soybeans and corn costlier, which can dampen Chinese import demand and pressure global prices.
finance.yahoo.comReuters2023年9月28日在过去 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。
