TREE NEWS reports: The onshore yuan closed at 6.6763 per dollar at 03:00 Beijing time, down 83 pips from the previous Thursday night session close. Trading volume for the session totaled $47.668 billion.
Onshore yuan closes at 6.6763 per dollar, down 83 pips
The move is modest in pip terms but the volume figure gives it more weight than the headline suggests, marking a session where dollar demand met steady two-way flow rather than a one-sided squeeze. For offshore and onshore participants alike, the close matters mainly as a reference point for the next fixing and for how the gap between the two markets behaves. Whether the softer close reflects positioning ahead of a data point or a broader shift is the open question; the volume tally is the detail worth tracking against prior sessions.
Generated by AI for reference only.
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