The RMB continues to appreciate against the US dollar, with onshore prices breaking through 6.96

2026-01-19 09:00:06

【Crypto World】Onshore RMB closing quote was released yesterday, reaching around 6.9636 against the US dollar, a strong increase of 54 points compared to the previous day. Traders holding USD should pay attention to this upward trend.

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MiningDisasterSurvivor

· 4h ago

Here come the people cutting their USD holdings again. 54 points, so what? I saw even harsher ones in 2018. If the RMB appreciates, it appreciates. What else can be done? Projects that should run still run, and those that should be dumped still get dumped.

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ShadowStaker

· 4h ago

rmb pumping again... 54 bips doesn't move the needle much tbh, but yeah usd holders getting squeezed. watched the network topology shift harder than this currency move last week lol

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DAOTruant

· 4h ago

The RMB move is really strong this time, but what about friends holding US dollars?

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Gm_Gn_Merchant