
China is adding 11 currencies to the trade-weighted basket used to measure the yuan's value, reducing the weight of the US dollar. The central bank is promoting a multi-currency measure to shift market attention away from the yuan-dollar rate, after the yuan lost about 7 percent against the dollar in 2016.
A basket-based yuan framework signals a less dollar-focused currency policy, which can reduce the sensitivity of Chinese import costs to dollar strength. The direct effect on feed commodity prices is small.
在过去 42 次中性的政策事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.0%(50% 上涨;中间一半区间为 -0.3% 至 +0.4%),20 个交易日内为 -0.2%。
在过去 41 次政策事件之后,美元(广义) 在 5 个交易日内中位数变动 -0.2%(44% 上涨;中间一半区间为 -0.6% 至 +0.4%),20 个交易日内为 +0.3%。
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。