Spot USD/CNY hiked 221 bps to close at 7.0881 today (30 Aug), the strongest since June 2023. As of 4:36pm, USD/CNY in the night session elevated 81 bps. Meanwhile, USD/CNH lifted 138 bps to 7.0770, trading 111 bps higher than USD/CNY.Related NewsSZ Mortgage Rate for First-time Homebuyers Drops to Record Low 3.15%