The offshore Chinese yuan rose to 7.17 against the dollar, hitting a new high since November last year.

On Friday, in the New York afternoon trading session, the offshore Chinese yuan against the US dollar was reported at 7.1726 yuan at 04:59 Beijing time, up 318 points from the New York afternoon trading session on Thursday. Trading throughout the day ranged between 7.2058 and 7.1713 yuan, approaching the high of 7.1457 yuan on November 8, 2024.