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After waking up, everything changes, and it becomes stable.

The offshore RMB exchange rate has fallen below the 7.23, 7.24, 7.25, 7.26, and 7.27 marks in succession, breaking several integer marks in one day.  As of the evening of the 22nd, it is “sprinting” towards the 7.28 mark, with a daily drop of nearly 500 points, falling to a four-month low; the onshore RMB exchange rate has fallen below the 7.22 mark, with a daily drop of more than 250 points.

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Post time: Mar-29-2024