The Chinese yuan (CNY) has climbed above 7.01 against the US dollar (USD) as of December 25, marking its highest level since September 27, 2024. The onshore yuan reached 7.0144, while the off-exchange USDT traded at 6.92 CNY, resulting in a -1.35% premium rate for USDT. This development indicates potential testing of key support levels for the currency pair.