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USDCNY United States Dollar vs Chinese Yuan Renminbi

7.21
-0.0272 (-0.38%)
Last Updated: 19:06:44
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
  -0.0272 -0.38% 7.21 7.208 7.212 7.2413 7.21 7.2372 0 19:06:44

Chinese Yuan Hits More Than 3-week Low Against U.S. Dollar

09/07/2012 4:40am

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US Dollar vs CNY (FX:USDCNY)
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In the Asian session on Monday, the Chinese yuan declined against the U.S. dollar. The yuan fell to 6.3751 against the greenback, its lowest level since June 15. On the downside, the yuan may target 6.38 level. The pair closed last week's deals at 6.3657.

Consumer prices in China were up 2.2 percent on year in June, the National Bureau of Statistics said, slowing for the fifth consecutive month.

The headline figure was below forecasts for 2.3 percent after coming in at 3.0 percent in May.

The People's Bank of China set today's central parity rate for the yuan at 6.3293 per dollar, compared to Friday's daily reference rate of 6.3249. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 1 percent from the level.

1 Year US Dollar vs CNY Chart

1 Year US Dollar vs CNY Chart

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1 Month US Dollar vs CNY Chart

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