# Foreign exchange
Latest news and articles about Foreign exchange
Total: 2 articles found
Business
Offshore Renminbi Strengthens Beyond 6.84 as Post‑Holiday Rally Continues
The offshore renminbi strengthened to 6.83605 on February 26 as market sentiment, a softer dollar and heavy exporter FX settlements bolstered the currency. Analysts expect continued near‑term strength but caution that policy guidance and seasonal flows could moderate the one‑sided appreciation through 2026.
SoBiz2026年2月26日 13:47
#Renminbi#CNH#Chinese yuan
Business
Yuan Breaks 6.94 Against Dollar as Dollar Softens — A Test of China’s Managed Float
The onshore renminbi strengthened intraday past 6.94 to a 32-month high as the US dollar softened. Market strategists see room for further dollar weakness this year if US jobs data disappoint and rate-cut expectations move forward, a dynamic that will shape China’s exchange-rate, trade, and monetary policy considerations.
SoBiz2026年2月3日 12:40
#renminbi#yuan#US dollar