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USDCNY United States Dollar vs Chinese Yuan Renminbi

7.2395
-0.0014 (-0.02%)
Last Updated: 14:23:49
Delayed by 15 minutes
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
  -0.0014 -0.02% 7.2395 7.2385 7.2405 7.241 7.2389 7.2409 0 14:23:49

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

26/02/2015 7:47am

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US Dollar vs CNY (FX:USDCNY)
Forex Chart


From May 2019 to May 2024

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The Chinese yuan weakened against the U.S. dollar in the late Asian session on Thursday amid speculation the the central bank will cut interest rate again in coming months to support the economy.

Against the greenback, the yuan fell to an 8-month low of 6.2611. At yesterday's close, the yuan was trading at 6.2595 against the greenback.

If the yuan extends its downtrend, it is likely to find support around the 6.35 area.

The People Bank of China set today's central parity rate for yuan at 6.1379 per dollar, compared to Wednesday's reference rate of 6.1384. 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 Year US Dollar vs CNY Chart

1 Month US Dollar vs CNY Chart

1 Month US Dollar vs CNY Chart

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