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Major Chinese state banks sold US dollars onshore and offshore on Tuesday to support the weakening yuan, according to sources. The yuan had hit its weakest level since December 2007 and its trade-weighted value was at a five-month low before the intervention lifted it from a record low of 7.3746 per dollar.
State intervention to stabilize the yuan may limit further currency-driven drops in Chinese import costs, offering modest support to dollar-priced feed demand from China.
brecorder.comReuters2022年10月26日
reuters.com2022年10月26日在过去 50 次看跌的政策事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.1%（46% 上涨；中间一半区间为 -0.4% 至 +0.4%），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。
State bank dollar sales on Oct 25 late session lifted the yuan from a record low of 7.3746, which fits a sharp one-day move in CNY per USD ending Oct 26 (sign convention aside), via direct currency intervention.
