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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0094 | 0.13% | 7.2194 | 7.2184 | 7.2204 | 7.2194 | 7.21 | 7.2142 | 0 | 19:10:04 |
From May 2019 to May 2024
The Chinese yuan weakened against the U.S. dollar in the late Asian session on Monday.
Meanwhile, data from the Ministry of Commerce showed that Foreign direct investment in China rose notably in January. Investment inflows increased 29.4 percent from last year to $13.92 billion. This followed the 10.3 percent climb in December.
Against the greenback, the yuan fell to a 1-week low of 6.2486 from an early high of 6.2073. At Friday's close, the yuan was trading at against the greenback.
If the yuan extends its downtrend, it is likely to find support around the 6.27 area.
The People Bank of China set today's central parity rate for yuan at 6.1273 per dollar, compared to Friday's reference rate of 6.1288. The central bank sets the reference rate every morning and allows the currency to move upto 2 percent from that level.
1 Year US Dollar vs CNY Chart |
1 Month US Dollar vs CNY Chart |
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