Offshore Yuan Slips to 6.7227 per Dollar, Down Over 0.4% for the Week

The offshore yuan's fourth consecutive daily decline, extending the weekly drop past 0.4%, points to persistent depreciation pressure rather than a single-session move. Because CNH trades freely outside the mainland, it is the cleaner read on offshore sentiment toward the currency, and a weekly slide of this size matters most for holders of yuan-denominated assets and for cross-border flows. Whether the retreat continues into next week, or stabilizes near the intraday range, is the open question.