Offshore RMB exchange rate breaks through 7.17, hitting a new high in nearly half a year.

May 26th, the offshore RMB to USD exchange rate broke through the 7.17 threshold, reaching a high of 7.16176 yuan. As of the time of publication, it is currently reported at 7.16858, with a gain of 0.10%. The latest price has set a new high since November 8th, 2024.

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Source: https://www.toutiao.com/article/7508598430052041235/

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