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TechFlow news, on December 11, according to Sina's quote, the offshore renminbi exchange rate against the US dollar briefly fell below the 7.29 level, with the intraday maximum decline approaching 400 pips; the decline has now narrowed, quoting at 7.2750.
According to Sina's quote, the offshore yuan briefly broke below the 7.29 level against the U.S. dollar, with the intraday decline nearing 400 pips. The decline has since narrowed, currently trading at 7.2750.
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