The offshore Renminbi rose to 7.18 to the US dollar, rebounding over 960 points in the past two days from its recent low.

On Monday, in the New York afternoon session, the offshore yuan against the US dollar was reported at 7.2011 yuan at 04:59 Beijing time, up 119 points from the New York afternoon session on the previous Friday. The overall trading range during the day was between 7.2199 and 7.1845 yuan. By 21:39, it approached the peak of 7.1457 yuan on November 8, 2024.