Offshore Yuan Strengthens to 6.7918 Against US Dollar on June 30

On Tuesday, June 30, offshore Chinese yuan (CNH) strengthened to 6.7918 against the US dollar, up 88 points from Monday's close. Intraday trading ranged between 6.8026 and 6.7864 yuan.

For the month of June, CNH fell approximately 0.4%. In the second quarter, the offshore yuan rose more than 1.4%, extending its first-half rally from 6.9959 to 6.7539 yuan.

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