The offshore RMB is up 122 points against the dollar compared with late trading in New York on Friday.

FAP, May 16 / PRNewswire-FirstCall-Asianet /-- the offshore RMB (CNH) was at 6.9589 yuan against the dollar at 04:59 Beijing time, up 122 points from late Friday in New York. The overall intraday trading was between 6.9750 and 6.9551 yuan.