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USD/CNY (CNY=X)

CCY - CCY Delayed Price. Currency in CNY
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6.4340-0.0057 (-0.09%)
At close: 1:01PM BST
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Previous close6.4397
Open6.4340
Bid6.4340
Day's range6.4340 - 6.4340
52-week range6.3518 - 6.7532
Ask6.4375
  • 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.

  • 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.