Offshore yuan (CNH) is trading lower after the PBOC weekend rate move

In that post you’ll see commentary that the move will impact, at the margin, to weigh on the yuan. In response, offshore yuan has indeed seen the currency weaken (i.e USD/CNH higher). Early trade:
The  People's Bank of China lowered a reserve requirement rate on some yuan trading, the decision came over the weekend:
Its worthwhile checking out a longer time frame chart for the bigger picture context – the move weaker for CNH is small in larger timeframes.