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The yuan fell 1 percent against the dollar on February 8, its biggest one-day drop since the 2015 devaluation, after Beijing warned investors the currency could not move in only one direction. The People's Bank of China said it expects more balance between inbound and outbound capital flows.
The yuan later recovered much of the decline by Friday's close.
Beijing signalling a more two-way yuan suggests less one-way currency appreciation ahead, which slightly reduces the boost to yuan-denominated import purchasing power. The effect on feed prices is limited.
scmp.comSidney Leng2018年2月9日在过去 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。
