Yuan Strengthens Against Dollar to 6.8147 on June 9 as Onshore FX Rates Adjust

On June 9, the interbank foreign exchange market published updated renminbi midpoint rates. The USD/CNY fell 51 basis points to 6.8147, reflecting yuan appreciation. The EUR/CNY declined 76 points to 7.8400; GBP/CNY dropped 142 points to 9.0670; AUD/CNY fell 108 points to 4.7863; CAD/CNY decreased 101 points to 4.8701; and CHF/CNY declined 285 points to 8.5223. The HKD/CNY, JPY/CNY, and NZD/CNY also posted losses. Meanwhile, CNY/MYR advanced 49 points to 0.59854 and SGD/CNY rose 31 points to 5.2785.
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