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USDCNY United States Dollar vs Chinese Yuan Renminbi

7.2367
-0.0027 (-0.04%)
Last Updated: 15:27:29
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
  -0.0027 -0.04% 7.2367 7.2357 7.2377 7.2394 7.2363 7.2394 0 15:27:29

Chinese Yuan Falls To Near 2-month Low Against U.S. Dollar

17/11/2015 11:13pm

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US Dollar vs CNY (FX:USDCNY)
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From May 2019 to May 2024

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The Chinese yuan weakened against the U.S. dollar in the Asian session on Wednesday.

In other economic news, data from National Bureau of Statistics showed that home prices in majority of the Chinese cities decreased in October. On a monthly basis, house prices fell 33 cities out of 70 surveyed by the NBS. It climbed in 27 cities and remained unchanged in 10 cities.

Against the greenback, the yuan fell to nearly a 2-month low of 6.3863 from yesterday's closing value of 6.3700.

If the yuan extends its downtrend, it is likely to find support around the 6.40 area.

The People Bank of China set today's central parity rate for yuan at 6.3796 per dollar, compared to Tuesday's reference rate of 6.3740. 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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