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USD/CNY (CNY=X)

CCY - CCY Delayed Price. Currency in CNY
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6.4767-0.0043 (-0.07%)
As of 3:38AM GMT. Market open.
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Previous close6.481
Open6.481
Bid6.475
Day's range6.474 - 6.486
52-week range6.4294 - 7.1769
Ask6.476
  • Emerging Asian Currencies Finish Year on Strong Note as Vaccine-Hope Raises Outlook for Global Economy
    FX Empire

    Emerging Asian Currencies Finish Year on Strong Note as Vaccine-Hope Raises Outlook for Global Economy

    Setting in motion much of the movement in the region was the extremely strong Chinese Yuan.

  • Exclusive: China comfortable with yuan rises for now as economy recovers, sources say
    Reuters

    Exclusive: China comfortable with yuan rises for now as economy recovers, sources say

    Chinese policymakers are comfortable with the yuan's rise to 2 1/2-year highs as a rebound in the world's second-biggest economy accelerates and the central bank gives the market greater leeway in setting the currency's value, sources said. But the central bank might take action if further rises in the closely managed currency, especially if they were rapid, were to hurt the country's exports, the sources involved in internal policy discussions told Reuters. Amid broad expectations for further yuan gains and more prolonged weakness in the dollar, the PBOC's acceptance of the currency's rise runs counter to recent market speculation that the bank might take steps to stabilise the rising yuan.

  • Asian currencies decouple from yuan in two-speed recovery
    Bloomberg

    Asian currencies decouple from yuan in two-speed recovery

    Counting on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic diverge.