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Spot USD/CNY Slumps 20 bps to Close at 7.2734; USD/CNH Once Falls Below 7.31 Lv
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Spot USD/CNY slumped 20 bps to close at 7.2734 today (3rd). As of 4:33 pm, USD/CNY in the night session plummeted 22 bps.

Meanwhile, USD/CNH once fell below 7.31 level, and bottomed at 7.3112, hitting a record low since 3 November 2023. USD/CNH last cratered 21 bps to 7.3074, trading 340 bps lower than USD/CNY.

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