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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0055 | 0.08% | 7.2249 | 7.2239 | 7.2259 | 7.227 | 7.2243 | 7.2194 | 0 | 10:53:20 |
The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday, as Chinese central bank fixed weaker midpoint for yuan/dollar trading band.
Against the greenback, the yuan fell to nearly a 3-month low of 6.1550 from an early high of 6.1376. At yesterday's close, the yuan was trading at 6.1503 against the greenback.
If the yuan extends its downtrend, it is likely to find support around the 6.21 area.
The People Bank of China set today's central parity rate for yuan at 6.1411 per dollar, down from Wednesday's reference rate of 6.1376. 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 Month US Dollar vs CNY Chart |
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