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Spot USD/CNY Dives 136 bps to Close at 7.2992, Hitting 1-Yr+ Low
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Spot USD/CNY dropped 136 bps to close at 7.2992 today (19th), a new low since November 2023.

As of 4:32 pm, USD/CNY in the night session dived 128 bps. Meanwhile, USD/CNH once fell below 7.32, but it last rose 141 bps to 7.3105, trading 113 bps lower than USD/CNY.

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