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Spot USD/CNY Dives 16 bps to Close at 7.0706
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Spot USD/CNY dropped 16 bps to close at 7.0706 today (5th). As of 4:45 pm, USD/CNY in the night session rose 12 bps. Meanwhile, USD/CNH climbed 13 bps to 7.0673, trading 33 bps higher than USD/CNY.

Related NewsExports YoY for Nov in China is 5.7%, higher than the previous value of 1.1%. The forecast was 3.8%.

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