ResearchGlobal2026-10-20
RMB and Won Both Firm as Dollar Retreats, Redrawing Delivered Local-Currency Cost
USD/CNY at 6.6792 (yuan firmer), USD/KRW at 1,326.7 (won firmer), USD/JPY at 158.12 (yen flat). A softer dollar lowers delivered cost in yuan and won, so the FX lock points on the transshipment book need re-setting.
