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The exchange rate of the offshore Chinese yuan against the US dollar plunged 300 basis points today as of 1.30 p.m. to 7.25, hitting a new low since mid-November last year. The onshore Chinese yuan fell over 200 bps to 7.23 against the US dollar. pic.twitter.com/MNYSpuJHmZ
— Yicai 第一财经 (@yicaichina) March 22, 2024
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