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Spot USD/CNY Closes Down 43 bps
Spot USD/CNY closed at 6.8680, down 43 bps. As at 16:34, USD/CNY rose 82 bps in the night session. USD/CNH stood at 6.8743, up 7 bps.RMB rate is expected to depreciate under Sino-U...
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Spot USD/CNY Closes Down 43 bps
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2018/09/12 16:34
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Spot USD/CNY closed at 6.8680, down 43 bps. As at 16:34, USD/CNY rose 82 bps in the night session. USD/CNH stood at 6.8743, up 7 bps.

RMB rate is expected to depreciate under Sino-US trade tension, yet there will not be a steep decline in RMB, as Reuters quoted from dealers.
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