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Spot USD/ CNY Dives 99 bps to Close at 7.3093, Below 7.3-lv for 1st Time Since 2023
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Spot USD/ CNY dropped 99 bps to close at 7.3093 today (3rd), marking the first drop below the 7.3 threshold since 2023. As of 4:39 pm, USD/ CNY in the night session fell 107 bps. Meanwhile, USD/ CNH declined 140 bps to 7.3530, trading 437 bps lower than USD/ CNY.

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