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Chinese Yuan Hits Six-Month High Against U.S. Dollar as Offshore Rate Strengthens Past 7.2

May 12, 2025, 4:19 a.m. ET

AsianFin -- The onshore Chinese yuan rose to a six-month high against the U.S. dollar in intraday trading on Monday, while the offshore yuan climbed above the 7.2 mark, reflecting growing market optimism and easing dollar strength.

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