The RMB spot rate against the USD closed up 41 bps at 6.7905 per USD today (13th). As of 4:50 pm, the RMB night session rose 15 bps; the offshore RMB edged up 3 bps to 6.7895 per USD, trading at a 10 bps premium to the onshore rate. (mn/a)Related NewsRetail Sales YoY for Apr in China is 0.2%, lower than the previous value of 1.7%. The forecast was 2%.
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