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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% | 7.2373 | 7.2363 | 7.2383 | 7.2373 | 7.2373 | 0 | 01:00:00 |
From May 2019 to May 2024
The Chinese yuan weakened against the U.S. dollar in the Asian session on Monday.
In economic news, data from the National Bureau of Statistics showed that House prices in majority of the Chinese cities increased in June. On a monthly basis, home prices climbed 55 cities out of 70 surveyed by the government. It dropped in 10 cities and remained flat in 5 cities.
Against the greenback, the yuan fell to nearly a 6-year low of 6.6993 from Friday's closing value of 6.6810.
If the yuan extends its downtrend, it is likely to find support around the 6.72 area.
The People Bank of China set today's central parity rate for yuan at 6.6961 per dollar, compared to Friday's reference rate of 6.6805. 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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