Offshore Yuan Rises to 7.17, Reaching Highest Level Since November Last Year
On Friday (May 23), at the close of New York trading, the offshore RMB (CNH) against the US dollar was reported at 7.1726 yuan at 04:59 Eastern Time, up 318 points from the New York close on Thursday, with overall intraday trading ranging from 7.2058 to 7.1713 yuan, approaching the top of 7.1457 yuan on November 8, 2024.
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