The spot exchange rate of RMB against the US dollar rose above 7.08, and the appreciation exceeded 2.1 percent in November


2022-12-01: [Chinese Article Link] The renminbi experienced a long-awaited monthly appreciation against the dollar. On November 30, the spot exchange rate of the yuan against the dollar closed at 7.1419 at 16: 30, up 244 basis points from the previous trading day. After entering the night trading hours, the spot exchange rate of the


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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The spot exchange rate of RMB against the US dollar rose above 7.08, and the appreciation exceeded 2.1 percent in November


2022-12-01: [Article Link] The renminbi experienced a long-awaited monthly appreciation against the dollar. On November 30, the spot exchange rate of the yuan against the dollar closed at 7.1419 at 16: 30, up 244 basis points from the previous trading day. After entering the night trading hours, the spot exchange rate of the

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.