At 6.7208 yuan per dollar, the benchmark reached a level not recorded since Feb. 2, 2023. It also strengthened by 12 points from the prior fixing.

Economy
The benchmark had not been as strong since Feb. 2, 2023.

At 6.7208 yuan per dollar, the benchmark reached a level not recorded since Feb. 2, 2023. It also strengthened by 12 points from the prior fixing.
CFETS data show the rate rose from 6.7156 on Nov. 5 after falling from 6.7180 on Nov. 4.
PBOC records show two increases took the ratio to 9% in 2021 before three cuts reduced it to 4% during 2022 and 2023.
The fixing rose eight pips from Oct. 30. FXStreet reported it was 521 pips above a Reuters estimate.