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Spot USD/CNY Stumbles 101 bps to Close at 7.2355
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Spot USD/CNY descended 101 bps to close at 7.2355 today (8th). As of 4:40 pm, USD/CNY in the night session tumbled 118 bps. USD/CNH shed 61 bps to 7.2332, 23 bps above USD/CNY.

Related NewsPPI YoY for Apr in China is -2.7%, lower than the previous value of -2.5%. The forecast was -2.6%.

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