Exchange rate of CNY/USD dropped below 6.7, reasons being searched

The spot exchange rate of CNY/USD dropped below 6.7 last night, setting a new low since November 2010. Yesterday, the central parity rate of CNY/USD plummeted by 159 base points to 6.6961, a new low for a half and five years.

Xinhua Finance

Xinhua Finance

8 Years ago

Markets RMB market exchange depreciation rate