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Spot USD/CNY Busts Above 7.1 Mark, Closing Up 213 Bps at 7.0959
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Spot USD/CNY rose by 213 bps to close at 7.0959 today (13th). As of 4:40 pm, USD/CNY in the night session climbed by 167 bps. Meanwhile, USD/CNH hiked by 154 bps to 7.0955, trading 4 bps higher than USD/CNY.

Related NewsUnemployment Rate for Oct in China is 5.1%, lower than the previous value of 5.2%. The forecast was 5.2%.

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