[Onshore and Offshore RMB to USD Exchange Rates Hit 14-Month High] On December 15, the onshore and offshore RMB to USD exchange rates reached a 14-month high. The onshore RMB to USD spot exchange rate peaked at 7.0500 during intraday trading, marking the first time it touched the 7.05 level since October 9, 2024. The offshore RMB to USD exchange rate peaked at 7.046 during intraday trading, hitting a new high since early October 2024. On the same day, the RMB to USD central parity rate was set at 7.0656, depreciating by 18 basis points.