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The onshore yuan finished near a 28-month low against the dollar and was on track for its biggest weekly loss since April. The yuan weakened past 7.1 per dollar as the US-China yield differential widened to its largest since 2007.
Traders were positioning for further Federal Reserve hikes to fight inflation.
Continued yuan weakness reflects tighter US monetary policy and a widening rate gap that pressures Chinese currency and capital flows. A weaker yuan can reduce Chinese import buying power for feed ingredients over time.
brecorder.comReuters2022年9月23日在过去 398 次看涨的宏观事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%（56% 上涨；中间一半区间为 -0.3% 至 +0.5%），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。
Yuan slid past 7.1 on 9/23 as the US-China yield differential widened to its largest since 2007 amid expected Fed hikes, a direct driver of the early-window CNY weakening.
