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The yuan fell to its weakest level since December against the dollar after the People's Bank of China cut its one- and five-year loan prime rates to support an economy hit by the coronavirus outbreak. Investors expect further easing, and Citi sees USD/CNY near 7.05 within three months.
Yuan weakness raises the cost of dollar-priced feed imports for China and eases pressure on its manufacturers, which can support demand for feed ingredients over time. Easing that keeps the yuan soft tends to lift the dollar's value against it.
financialpost.comReuters2020年2月20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。
