The RMB exchange rate has fluctuated significantly since May
Samuel
May 13
Our reporter Liu Qi Since late April, the RMB exchange rate against the US dollar has continued to depreciate, showing a volatile pattern since May. According to wind data, on May 2, the offshore RMB closed at 6.677 yuan against the US dollar, 356 basis points lower than the closing price on the last trading day in April (April 29). On May 3, the two-way fluctuation of the offshore RMB exchange rate against the US dollar was more obvious. The lowest intraday fell to 6.6976 yuan, only one step...
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Samuel

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