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Spot USD/CNY Soars 465 bps to Close at 6.8718, Notching New High since Feb 27
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Spot USD/CNY soared 465 bps to close at 6.8718 today (10th), notching a new high since February 27.

As of 4:34 pm, USD/CNY in the night session spiked 343 bps. USD/CNH lifted 73 bps to 6.8747, 29 bps below USD/CNY.

Related NewsInflation Rate YoY for Feb in China is 1.3%, higher than the previous value of 0.2%. The forecast was 0.8%.

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