Depreciation of RMB


The offshore yuan strengthened against the euro yesterday, depreciated against the dollar and was unchanged against the yen

Yesterday, the offshore RMB exchange rate against the US dollar slightly depreciated, as of press time, the offshore RMB exchange rate against the US dollar was 7.3164, compared with the previous trading day's close of 7.3086, depreciating 78 basis points.

Yesterday, the offshore RMB exchange rate against the euro appreciated sharply, as of press time, the offshore RMB exchange rate against the euro was 7.7732, compared with the previous trading day's close of 7.7941, an appreciation of 209 basis points.