The exchange rate of the Chinese yuan against the US dollar is approaching the 7.0 mark, and the foreign exchange rate of the USDT market has dropped to 6.94

Odaily Planet Daily News: With the implementation of the US Federal Reserve's interest rate cut, both onshore and offshore exchange rates of the Chinese yuan have strengthened, approaching the 7.0 mark. At 4:59 am Beijing time on the 21st, the offshore RMB/USD exchange rate was 7.0421, up 295 points from the late Thursday trading in New York; As of 16:30 on the 20th, the onshore Chinese yuan was trading at 7.0552 against the US dollar, up 108 points from the previous trading day. Meanwhile, the USDT/CNY price on the OKX exchange dropped to 6.94.