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The yuan has risen more than 9% against the US dollar since June, supported by a strong economic recovery and an export boom. Beijing shows no urgency to weaken the currency despite pressure on exporters.
The greenback has weakened on a weak US economy and low interest rates.
A stronger yuan makes Chinese import purchases of dollar-priced commodities cheaper, which can support demand for US feed ingredients. It also squeezes Chinese exporters' margins.
wsj.comStella Yifan Xie2021年2月25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。
