Multiple factors boosted the RMB exchange rate to rise above "7"-Foreign Exchange Channel-Hexun.com


2022-12-06: [Chinese Article Link] Source: Global Times Global Times reported. Reporter. Yao Hao On December 5 morning, offshore yuan, onshore yuan both broke through the "7" whole mark, hitting the highest point since mid-September. At the afternoon close, the onshore yuan was trading at 6.9561, up 819 basis points from the previous


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

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Multiple factors boosted the RMB exchange rate to rise above "7"-Foreign Exchange Channel-Hexun.com


2022-12-06: [Article Link] Source: Global Times Global Times reported. Reporter. Yao Hao On December 5 morning, offshore yuan, onshore yuan both broke through the "7" whole mark, hitting the highest point since mid-September. At the afternoon close, the onshore yuan was trading at 6.9561, up 819 basis points from the previous

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