The dollar-yuan exchange rate was shown at the 6.6670-yuan level, with USDCNY around 6.6676 and the rate rising to around ¥23.97 against the yen. It rose to 6.6867 yuan on the 4th before reportedly settling into range-bound trading.
According to the daily FX report, dollar-yuan rose to 6.6867 yuan after reaching around 6.6450 yuan, but has since remained near the lows in range-bound trading. As a result, dollar-yuan was shown at the 6.6670-yuan level.
Against the yen, the dollar rose amid the yen's depreciation trend, reaching ¥23.97 on a yuan-converted basis as the yuan advanced. The rate was reported to be approaching the ¥24 level for the first time since July.
Specifically, USDCNY was shown at 6.6676 and CNYJPY at 23.962, with exchange-rate movements compiled in the daily report. The market is watching developments within the range amid modest fluctuations.
The information was provided by Minkabu FX, which reported rates at levels similar to other media outlets. Future developments are expected to remain under review in additional daily reports.