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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.2482 | 7.2477 | 7.2487 | 7.2482 | 7.2482 | 0 | 00:00:00 |
From Dec 2024 to Mar 2025
The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday.
Global markets were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week.
Traders react to China's central bank holding the interest rate on the one-year medium-term lending facility at 2% on Wednesday.
Against the U.S. dollar, the yuan fell to more than a 1-year low of 7.3114 from yesterday's closing quotes of 7.2975.
If the yuan extends its downtrend, it is likely to find support around the 7.35 region.
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 Month US Dollar vs CNY Chart |
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