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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Chinese Yuan Renminbi | FX:USDCNY | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0088 | 0.12% | 7.2188 | 7.2178 | 7.2198 | 7.2188 | 7.2188 | 7.2142 | 0 | 03:57:03 |
From Nov 2023 to May 2024
The Chinese yuan weakened against the U.S. dollar in the Asian session on Monday, after the People's Bank of China (PBOC) left its medium-term policy rate unchanged.
The China's central bank left the rate on its one-year policy loans at 2.5 percent unexpectedly.
Against the greenback, the yuan fell to more than a 1-month low of 7.1803 from Friday's closing value of 7.1662.
If the yuan extends its downtrend, it is likely to find support around the 7.20 area.
The People's Bank of China sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.
1 Year US Dollar vs CNY Chart |
1 Month US Dollar vs CNY Chart |
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