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A Merics commentary says Beijing has allowed the yuan to depreciate more than 7% since the trade war began, cushioning exporters. It notes the yuan now trades near 7 per dollar, down from about 6.5 at the start of 2018.
Limited room for further yuan weakness could constrain Chinese support for exports and make import purchases costlier. This may trim China's appetite for dollar-priced feed inputs over time.
在过去 169 次中性的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -0.3% 至 +0.2%),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。