Offshore Yuan depreciates significantly

On the evening of 27 May, the exchange rate of offshore Yuan against U.Asian Metal CopyrightOn the evening of 27 May, the exchange rate of offshore Yuan against U.Asian Metal CopyrightS.Asian Metal Copyright1697 and once reached the lowest level of 7.Asian Metal Copyright dollar fell by nearly 500 basis points in one day to below 7.Asian Metal Copyright19, hitting the record low since September 2019.Asian Metal Copyright19, hitting the record low since September 2019.Asian Metal Copyright19, hitting the record low since September 2019.Asian Metal Copyright Meanwhile, onshore Yuan depreciated by more than 300 basis points in one day to around 7.Asian Metal CopyrightOn the evening of 27 May, the exchange rate of offshore Yuan against U.Asian Metal Copyright1697 and once reached the lowest level of 7.Asian Metal Copyright1777.Asian Metal Copyright1777.
.Asian Metal Copyright dollar fell by nearly 500 basis points in one day to below 7Asian Metal Copyright