The offshore yuan appreciated against the dollar yesterday


The offshore RMB/USD exchange rate appreciated slightly yesterday. As of press time, the offshore RMB/USD exchange rate was at 6.8650, compared with the previous trading close of 6.8753, up 103 basis points.

The offshore RMB depreciated sharply against the euro yesterday. As of press time, the offshore RMB was trading at 7.5957 against the euro, down 385 basis points from the previous close of 7.5572.

The offshore yuan weakened sharply against the 100 yen exchange rate yesterday. As of press time, the offshore yuan was trading at 5.2000, down 400 basis points from the previous close of 5.1600.