
The Chinese central bank relaxed its yuan hedging rules as the currency bounced to a near two-year peak against the dollar. The move follows easing capital outflows and gives authorities confidence to loosen their control of a currency that weakened sharply in 2016.
Easier hedging rules make it cheaper to buy dollars against the yuan, which can reduce pressure on the yuan and affect the cost of dollar-priced grain imports. The policy change is a currency measure with limited direct effect on feed commodity prices.
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%。
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。
The PBOC's relaxation of yuan hedging rules on 2017-09-11 is a same-day policy shift signaling comfort with a stronger yuan and easing outflow pressure, directly matching the 1-day move.