NEWS: The Renminbi surged more than 400 points against the dollar in early trading
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Offshore CNHCNH = latest 6.7422 yuan, last day closed 6.7518 yuan, the current price difference between the two places is 48.
The onshore Renminbi closed at 6.764 yuan against the dollar on Friday, up 305 points from the previous day; today's mid-price opened at 6.7472 yuan, up 469 points from the previous day.
On global currency markets, the dollar fell on Monday, not far from its lowest level in more than a week, as financial markets turned their attention to this week's Fed rate meeting, with traders betting that policy makers might hint at a suspension of the interest rate hike cycle.