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Spot USD/CNY Rises 123 bps to Close at 2.5-Yr+ High of 6.9453
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Spot USD/CNY climbed 123 bps to close at 6.9453 today (28th), a new high since May 11, 2023. As of 4:37 pm, USD/CNY in the night session grew 94 bps. Meanwhile, USD/CNH declined 80 bps to 6.9405, trading 48 bps higher than USD/CNY.

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