| The offshore renminbi jumped the most in its five-year history on Thursday, prompting fresh speculation of state intervention by the central bank to underpin the Chinese currency.
Renminbi traded in Hong Kong — typically referred to as CNH — rose more than 1 per cent against the US dollar in just a few minutes late in the Asian day. Though small compared with other international currencies, the move was the sharpest increase since the launch of offshore renminbi trading in 2010...............................................Full Article: Source
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