Onshore and offshore yuan prices see the currency firming further 5 Jan
Offshore USDCNY price falls to to 6.8072, lowest level in almost 2 months and biggest daily yuan gain on record at 2.1%. Onshore USDCNY 6.8990,biggest yuan gains (0.6%) since March 2016.
Offshore yuan premium over onshore 1.1%, largest since 2010
Yuan continues to rise as borrowing rates soar and USD sellers re-appear generally.
O/n implied depo rate for offshore yuan spikes to 50.6%
Eamonn had this earlier.
