(Yicai Global) Oct. 9 -- Both the onshore and offshore Chinese yuan have reached a pinnacle against the US dollar since April last year.

Offshore, the redback surged about 300 basis points to 6.7075 in the 17-month high. The onshore yuan rose about 900 basis points on the first trading day after China’s eight-day National Day holiday to 6.7230.

Editor: Ben Armour