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USD/CNY (CNY=X)

CCY - CCY Delayed Price. Currency in CNY
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6.6899+0.0021 (+0.0314%)
As of 10:28AM BST. Market open.
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Previous close6.6878
Open6.6878
Bid6.6899
Day's range6.6793 - 6.6937
52-week range6.2992 - 6.8106
Ask6.6910
  • FX Empire

    The Week Ahead – Its All Eyes on the Fed, with the BoE also in Focus

    A busy economic calendar, central bank policy decisions and chatter, and news updates on the war in Ukraine will be the key drivers in the week ahead.

  • Yahoo Finance

    China 'in a very tough spot' as COVID-19 lockdowns hit economy, China Beige Book CEO explains

    Chinese President Xi Jinping called for an “all-out” effort this week to boost the world’s second-largest economy through infrastructure investments, signaling growing internal concerns about China’s growth prospects.

  • Reuters

    Analysis-Globalised yuan complicates Beijing's bid to stem capital flight

    This month's dive in China's currency has revived memories of past routs but market participants say increased foreign holdings of yuan assets mean authorities are much less likely to curb the selling than they were in previous years. The yuan hit an 18-month low on Friday and has slid more than 4.5% on the dollar in April, setting it on course for its worst month since currency market reforms of 1994. However, unlike 2018-19, when the yuan fell through the U.S.-China trade war, or 2015-16, when a domestic stampede to offshore assets accelerated a decline, investors and analysts say that foreign selling is now the dominant driver, presenting new downside risks.