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The yuan weakened on Wednesday in subdued trade ahead of the loan prime rate decision on April 20. Benchmark lending rates had been unchanged for seven months, and strong Q1 GDP and March retail sales reduced the chance of near-term rate cuts.
Expectations of no near-term Chinese rate cuts limit stimulus-driven demand for feed and commodities. The currency move itself is minor for grain prices.
brecorder.comReuters2023年4月19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。
