Onshore and offshore yuan break 6.7 per dollar, highest since January 2023

Both the onshore and offshore yuan strengthened past 6.70 per dollar, their strongest since January 2023, with the offshore rate at 6.69682 and the onshore at 6.6978, per TradingView. China's monthly trade surplus of about $119bn was cited as driving exporter dollar conversion.

Detected & updated continuously · Source: Nebula