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USDCNY United States Dollar vs Chinese Yuan Renminbi

7.2964
0.00 (0.00%)
22 Dec 2024 - Closed
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
  0.00 0.00% 7.2964 7.2954 7.2974 7.2964 7.2964 0 00:00:00

Chinese Yuan Falls To More Than 1-month Low Against U.S. Dollar

15/01/2024 12:50am

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US Dollar vs CNY (FX:USDCNY)
Forex Chart


From Dec 2023 to Dec 2024

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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 Year US Dollar vs CNY Chart

1 Month US Dollar vs CNY Chart

1 Month US Dollar vs CNY Chart

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