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
  0.001 0.01% 6.9473 6.9463 6.9483 6.953 6.9467 6.9463 0 07:20:02

Chinese Yuan Advances To 2-day High Against U.S. Dollar

22/04/2020 4:06am


US Dollar vs CNY (FX:USDCNY)
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From Feb 2020 to Aug 2020

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The Chinese yuan firmed against the U.S. dollar in Asian deals on Wednesday, as investors expect more stimulus measures to contain economic slowdown from the coronavirus pandemic.

The yuan rose to a 2-day high of 7.0788 versus the dollar from yesterday's closing quote of 7.0913. The next possible resistance for the yuan is seen around the 6.7 level.

The People's Bank of China set today's central parity rate of the yuan at 7.0903 per dollar, compared to yesterday's rate of 7.0752.The Chinese central bank sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.

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1 Year US Dollar vs CNY Chart

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1 Month US Dollar vs CNY Chart
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P: V:gb D:20200812 06:35:46