Early 2026: The RMB exchange rate stands at a new threshold. Looking back at 2025, the Renminbi demonstrated strong performance against the US dollar. For the full year, the onshore RMB rate strengthened from 7.2988 to 6.9890, an appreciation of over  4.2% . The central parity rate was adjusted upward by a total of 1,596 basis points, briefly breaking through the 7.0 mark to hit a two-year high. For international procurement professionals, exchange rates are never just a numb