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
  -0.0201 -0.3% 6.693 6.6919 6.6941 6.7281 6.6687 6.7131 0 16:33:26

Chinese Yuan Falls To 8-day Low Against U.S. Dollar

06/05/2021 4:15am


US Dollar vs CNY (FX:USDCNY)
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The Chinese yuan depreciated against the U.S. dollar in the Asian session on Thursday, as investors focused on a further deterioration in trade relations between Australia and China.

The yuan dropped to 6.4832 against the greenback, its lowest level since April 28. The yuan is likely to locate support around the 6.6 level.

The People's Bank of China set today's central parity rate of the yuan at 6.4895 per dollar, weaker than Friday's rate of 6.4672. The Chinese central bank 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 Year US Dollar vs CNY Chart

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1 Month US Dollar vs CNY Chart
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